Kuwait: The price of Kuwaiti oil experienced a decrease of 64 cents, settling at USD 60.79 per barrel on Thursday, as reported by the Kuwait Petroleum Corporation (KPC) on Friday. This marks a decline from the previous day's price of USD 61.43 per barrel.
According to Kuwait News Agency, the drop in Kuwaiti oil prices aligns with a similar trend in the global markets. Brent crude saw a reduction of 93 cents, bringing its price to USD 61.28 per barrel, while the West Texas Intermediate decreased by 86 cents, reaching USD 57.60 per barrel.