Kuwait Oil Price Rises to $87.44 as Global Markets See Mixed Performance
The Kuwait Petroleum Corporation (KPC) announced that the price of Kuwaiti oil has increased by $2.88 to $87.44 a barrel in Friday's trading, compared to $84.56 a barrel on Thursday.
Despite this rise, global markets showed a mixed performance with Brent crude futures falling 39 cents to settle at $89.31 a barrel, and US West Texas Intermediate (WTI) crude futures declining 13 cents to settle at $83.40 a barrel.