Mubasher: The price of Kuwait’s crude oil decreased by 74 cents to settle at $51.81 per barrel on Thursday as compared to $51.07 on Wednesday, according to the latest data issued by Kuwait Petroleum Corporation (KPC).
At the global level, Brent crude oil gained 0.20% to reach $55.74 a barrel.
Global oil price increased on Friday, following the decline in US oil reserves.