Kuwaiti crude oil price falls $5.24 to $114.94 per barrel

The price of Kuwaiti crude oil fell by $5.24 to reach $114.94 per barrel in Friday’s trading, compared with $120.18 in Thursday’s trading, according to prices announced by the Kuwait Petroleum Corporation.

In global markets, Brent crude futures dropped by 95 cents to $103.87 per barrel, while U.S. West Texas Intermediate (WTI) crude futures declined by $1.61 to $100.30 per barrel.