Kuwait city: The price of a barrel of Kuwaiti oil experienced a decline of USD 1.09, bringing it to USD 59.07 per barrel in Friday's trading. This is a decrease from the USD 60.19 per barrel recorded in trading last Wednesday, as reported by the Kuwait Petroleum Corporation.

According to Qatar News Agency, on the global stage, the settlement price of Brent crude futures saw a slight drop of USD 0.10, settling at USD 60.75 per barrel. Similarly, US West Texas Intermediate crude futures also fell by USD 0.10, reaching USD 57.32 per barrel.