Kuwait City: The price of Kuwaiti oil fell by 55 cents to $74.35 per barrel in Friday's trading, compared to $74.90 per barrel on Thursday.

According to Qatar News Agency, this decrease was reported by the Kuwait Petroleum Corporation. In contrast, globally, Brent crude futures rose by 70 cents to $70.58 per barrel, while West Texas Intermediate (WTI) crude futures increased by 63 cents to $67.18 per barrel.