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Commodities

Kuwaiti Oil Prices Surge Amid Global Market Volatility

Guavy AI Editorial Team
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Oil
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Kuwaiti oil prices saw an increase on Friday, rising by more than $2 per barrel. The Kuwait Petroleum Corporation (KPC) announced that the price of Kuwaiti oil reached $119.02 in trading, up from $116.65 in the previous session.

This news comes as global markets experience a decline in crude futures prices. Brent crude futures fell to $104.61 per barrel, while US West Texas Intermediate (WTI) crude futures declined to $100.05 per barrel.

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