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Price of a barrel of Kuwaiti oil rises to reach $88.69

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Qiyas summary

The price of a barrel of Kuwaiti oil rose by $2.48 to reach $88.69, while global crude prices also increased.

Translated by Qiyas from الأنباء — Original source

The price of a barrel of Kuwaiti crude oil rose by $2.48 to reach $88.69 per barrel in trading on Friday, compared to $86.21 in the previous day’s trading, according to the price announced by the Kuwait Petroleum Corporation.

In global markets, Brent crude futures rose by 3 cents to $98.32 per barrel, while West Texas Intermediate (WTI) crude futures in the United States increased by 31 cents to $90.83 per barrel.

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