Kuwait Crude Oil Price Falls Amid Global Oil Market Fluctuations

KUWAIT CITY: The price of Kuwaiti crude oil decreased by $1.59, reaching $73.95 per barrel during Friday's trading, as reported by the Kuwait Petroleum Corporation. This drop marks a decline from the previous day's price of $75.54 per barrel. According to Emirates News Agency, while Kuwaiti crude prices fell, global oil markets experienced an upward trend. Brent crude futures saw an increase of $1.67, reaching $76.05 per barrel, and West Texas Intermediate rose by $1.59, climbing to $71.78 per barrel. These movements reflect ongoing fluctuations in the international oil market.