Kuwait’s crude oil price fell by $6.20 to $94.84 per barrel on Friday, down from $101.04 per barrel recorded the previous trading day, according to figures released by the Kuwait Petroleum Corporation (KPC).
The decline came amid broader weakness in global oil markets. Brent crude futures dropped $3.05 to settle at $87.33 per barrel, while U.S. West Texas Intermediate (WTI) crude futures fell $2.83 to $84.88 per barrel.
The fall in oil prices reflects continued volatility in international energy markets, with benchmark crude contracts posting significant losses during the trading session.
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