Kuwaiti Oil Price Declines While Global Crude Prices Rise

Kuwait city: The price of Kuwaiti crude oil recorded a decline of 26 cents, reaching $70.12 per barrel in Thursday's trading, compared to $70.38 per barrel in Wednesday's trading, according to the price announced by the Kuwait Petroleum Corporation.

According to Qatar News Agency, in global markets, Brent crude futures rose by $1 to reach $69.52 per barrel, while West Texas Intermediate (WTI) crude futures increased by $1.16 to reach $67.54 per barrel.