Kuwait City: The price of Kuwaiti oil increased by 59 cents, reaching $73.61 per barrel on Friday compared to $73.02 per barrel on Thursday, as reported by the Kuwait Petroleum Corporation (KPC) on Saturday.

According to Qatar News Agency, the prices of Brent crude and West Texas Intermediate also experienced an upward movement. Brent crude rose by 90 cents, settling at $70.36 per barrel, while West Texas Intermediate increased by 68 cents, settling at $67.04 per barrel.