Kuwaiti Oil Price Slumps $1.41 to $85.28 per Barrel
The price of Kuwaiti oil fell on Friday by $1.41 to settle at $85.28 per barrel, according to the Kuwait Petroleum Corporation (KPC). This decline comes after a previous session where the price was at $86.69 per barrel.
In global markets, Brent crude futures rose by $1.07 to settle at $90.12 per barrel, while US West Texas Intermediate (WTI) crude futures fell by $1.09 to settle at $84.67 per barrel.