Erbil:The price of Kuwaiti crude oil experienced a substantial increase of USD 2.48, reaching USD 88.69 per barrel during Friday’s trading session. This rise follows a previous price of USD 86.21 per barrel in Thursday’s trading, as reported by the Kuwait Petroleum Corporation.

According to Qatar News Agency, global market trends showed Brent crude futures slightly rising by 3 cents to USD 98.32 per barrel. In contrast, US West Texas Intermediate crude futures saw a decrease of 31 cents, bringing the price down to USD 90.83 per barrel.

These fluctuations in oil prices are reflective of ongoing global market dynamics, affecting both regional and international economic landscapes.