The price of a barrel of Kuwaiti oil fell $4.81 to $113.08 a barrel in trading on Friday, compared to $117.89 in trading the previous day, according to the price announced by the Kuwait Petroleum Corporation.
In global markets, a local Arabic daily said, the Brent crude futures rose $3.34 to settle at $112.67 a barrel, while US West Texas Intermediate crude futures rose $3.31 to settle at $109.33 a barrel.