Price of a barrel of Kuwaiti crude oil rises by $2.37 to reach $119.02

The price of a barrel of Kuwaiti crude oil rose by $2.37 to reach $119.02 per barrel in trading on Friday, compared to $116.65 in the previous day’s trading, according to the price announced by the Kuwait Petroleum Corporation.

In global markets, Brent crude futures fell by $3.02 to $104.61 per barrel, while West Texas Intermediate (WTI) crude futures dropped by $2.43 to $100.05 per barrel.