Kuwaiti Oil Rises 85 Cents

The price of a barrel of Kuwaiti oil rose 85 cents to reach $89.52 per barrel in weekend trading, compared to $88.67 in the previous days trading, according to the price announced by the Kuwait Petroleum Corporation. In global markets, Brent crude futures fell 89 cents to $86.54 per barrel, while US West Texas Intermediate crude futures fell 72 cents to $83.16. Source: Qatar News Agency