Kuwaiti Crude Price Surges Amid Global Market Volatility
The price of Kuwaiti crude rose by $3.45 to $93.71 per barrel in Friday's trading, according to the Kuwait Petroleum Corporation (KPC).
This increase comes after a previous session where Kuwaiti crude was priced at $90.26.
In global markets, Brent crude futures fell 10 cents to $94.39 per barrel, while US West Texas Intermediate (WTI) crude futures slipped 77 cents to $87.06 per barrel.