Mubasher: The price of Kuwaiti oil dropped 63 cents by the end of Friday’s trading activities amid mixed performance in international oil markets.
The price per barrel (pb) of Kuwaiti oil price declined to $73.52 pb on Friday from $74.15 pb on Thursday, Kuwait News Agency (KUNA) reported on Saturday, citing data released by the Kuwait Petroleum Corporation (KPC).
As for global markets, oil performance ended Friday on a mixed note, with US crude (Nymex) rising 1.2% to $73.80 pb on higher buying, whereas Brent crude tumbled 0.4% to $77.11 pb.
