Kuwait City: The price of the Kuwaiti oil barrel experienced an increase of USD 1.05, reaching USD 76.98 per barrel on Friday, as reported by the Kuwait Petroleum Corporation (KPC) on Saturday. This marks a rise from the previous price of USD 75.93 per barrel on Thursday.
According to Kuwait News Agency, in the international markets, Brent crude oil saw a decrease of 86 cents, bringing it down to USD 73.18 per barrel. Similarly, West Texas crude experienced a drop of 59 cents, resulting in a price of USD 69.76 per barrel.