Kuwait city: The price of Kuwaiti crude oil dropped significantly by $4.13 to $103.82 per barrel in trading on Friday, compared to $107.95 per barrel the previous day. This change was reported by the Kuwait Petroleum Corporation.
According to Qatar News Agency, in the global markets, there was a decrease in the prices of other major crude oil benchmarks. Brent crude futures saw a decline of $1.94, bringing the price to $93.09 per barrel. Similarly, US West Texas Intermediate crude futures experienced a fall of $2.50, settling at $90.54 per barrel.