Kuwaiti oil prices drop despite global gains
Kuwaiti crude oil price falls to $103.13 a barrel, while global oil prices rise
Kuwait's crude oil price experienced a decline on Friday, Qatar's state news agency QNA reported.
The price dropped to $103.13 a barrel, a decrease of $1.04 from the previous day's $104.17, Qatar News Agency (QNA) said in a statement.
Global oil markets, however, saw an uptick in prices.
Brent crude futures rose by $3.94 to reach $109.88 a barrel.
US West Texas Intermediate crude also saw gains, increasing by $3.44 to settle at $101.41 a barrel.
The contrasting trends in Kuwaiti and global oil prices were reported by the Kuwait Petroleum Corporation.
Based on reporting by Qatar News Agency (QNA), Qatar's state news agency.