Kuwait city: The price of Kuwaiti crude oil experienced a decline of $6.20 per barrel, settling at $94.84 in trading on Friday. This marks a decrease from the previous day's price of $101.04 a barrel, as reported by the Kuwait Petroleum Corporation.

According to Qatar News Agency, this downturn in Kuwaiti crude prices mirrors broader trends observed in global oil markets. Brent crude futures witnessed a drop, decreasing by $3.05 to close at $87.33 a barrel. Similarly, US West Texas Intermediate crude futures saw a reduction of $2.83, ending the trading session at $84.88 a barrel.