Kuwaiti Oil Price Declines by 81 Cents to USD 69.81 per Barrel

Kuwait city: The price of Kuwaiti oil decreased by 81 cents, settling at USD 69.81 per barrel on Friday, down from USD 70.62 per barrel on the previous day, as reported by Kuwait Petroleum Corporation (KPC) on Saturday.

According to Kuwait News Agency, the changes in oil prices come amid fluctuations in global markets. Brent futures experienced an increase of 16 cents, reaching USD 66.59 per barrel, while West Texas Intermediate was at USD 63.88 per barrel.