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Business / Middle East Business

Kuwaiti oil price rises $2.88 to $87.44 a barrel

Published: 29 Aug 2026 - 11:24 am | Last Updated: 29 Aug 2026 - 11:25 am
Peninsula

QNA

Kuwait: The price of Kuwaiti oil rose by $2.88 to $87.44 a barrel in Friday's trading, compared with $84.56 a barrel in Thursday's trading, according to the price announced by the Kuwait Petroleum Corporation (KPC).

In global markets, Brent crude futures fell 39 cents to settle at $89.31 a barrel, while US West Texas Intermediate (WTI) crude futures declined 13 cents to settle at $83.40 a barrel.