The price of a barrel of Kuwaiti oil decreased by $7.82 to reach $111.39 a barrel in trading yesterday, Friday, compared to $119.21 a barrel in trading yesterday, according to the price announced by the Kuwait Petroleum Corporation. In global markets, Brent crude futures rose $7.65 to settle at $118.11 a barrel, while US West Texas Intermediate crude rose $8.01 to $115.68, reports Al-Rai daily.

Read Today's News TODAY... on our Telegram Channel click here to join and receive all the latest updates