emirates7 - The price of Kuwaiti oil decreased by one cent to US$74.64 per barrel on Friday, down from US$74.65 per barrel the previous day, according to Kuwait Petroleum Corporation (KPC) on Saturday.
Globally, Brent crude futures fell by $1.63 to $71.06 per barrel, while West Texas Intermediate crude dropped $1.48 to $67.67 per barrel, as reported by Kuwait News Agency (KUNA).
On Thursday, Kuwait and seven other OPEC+ alliance members agreed to extend their voluntary oil output cut for an additional two months.
Globally, Brent crude futures fell by $1.63 to $71.06 per barrel, while West Texas Intermediate crude dropped $1.48 to $67.67 per barrel, as reported by Kuwait News Agency (KUNA).
On Thursday, Kuwait and seven other OPEC+ alliance members agreed to extend their voluntary oil output cut for an additional two months.