The Kuwaiti oil price dropped by US$7.82 to US$111.39 per barrel (pb) on Friday, compared with Thursday’s US$119.21 pb, Kuwait Petroleum Corporation (KPC) announced Saturday.
In the world market, the Brent crude went up by $7.65 to $118.11 pb, and the West Texas Intermediate rose by 8.01 cents to settle at $115.68 pb, reported state news agency (KUNA).
Source: Emirates News Agency