Kuwait City: The price of Kuwaiti oil rose by 89 cents to reach $76.60 per barrel in trading on Friday, compared to $75.71 per barrel the previous day, according to the price announced by Kuwait Petroleum Corporation.

According to Qatar News Agency, in global markets, Brent crude futures increased by 16 cents, reaching $72.16 per barrel, while US West Texas Intermediate (WTI) futures saw a rise of 21 cents, bringing the price to $68.28 per barrel.