Kuwait city: The price of Kuwaiti oil decreased by 23 cents, reaching US$70.42 per barrel on Thursday, as reported by the Kuwait Petroleum Corporation on Friday. This represents a decline from the previous price of US$70.65 per barrel on Wednesday.

According to Emirates News Agency, in the global markets, Brent crude saw an increase of 57 cents, reaching US$68.62 per barrel. Similarly, West Texas Intermediate experienced a rise of 45 cents, bringing its price to US$64.60 per barrel.