Kuwait – Mubasher: Kuwaiti oil fell $1.2 by the end of trades on Friday, closing at $40.18 per barrel (pb) from $41.38 pb by the end of Thursday, according to data released by the Kuwait Petroleum Corporation (KPC).
The U.S. crude oil prices closed Friday’s trading in the red zone.
The number of the U.S. oil and natural gas drilling rigs increased by 14 rigs to 371 rigs, according to a report released by Baker Hughes on Friday.
