emirates7 - The price of Kuwaiti oil increased by $1.34, reaching $76.53 per barrel on Friday, up from $75.19 per barrel the previous day, according to the Kuwait Petroleum Corporation (KPC), as reported by the state news agency (KUNA) on Saturday.

Globally, Brent crude rose by 58 cents to $76.51 per barrel, while West Texas Intermediate saw an 83-cent increase, bringing its price to $73.96 per barrel.