Kuwait crude falls to $103.13 a barrel on 16 October
The KPC-reported price was down $1.04 from the previous session as Brent and WTI futures rose.
Event / data period: 2026-10-16
Published: · Updated:
Kuwaiti crude was priced at $103.13 a barrel in trading on Friday, 16 October. QNA, citing Kuwait Petroleum Corporation (KPC), reported a $1.04 decline from $104.17 in the prior session.
The same report put Brent futures at $109.88 a barrel and US WTI futures at $101.41, both higher. These are distinct market benchmarks and should not be read as the same grade or delivery price as Kuwait crude.
Data
Crude-oil market prices
Prices reported for the 16 October trading session.
- Kuwaiti crude
- 103.13 USD per barrel
- 2026-10-16 · Observed
- Brent futures
- 109.88 USD per barrel
- 2026-10-16 · Observed
- US WTI futures
- 101.41 USD per barrel
- 2026-10-16 · Observed
Methodology
The figures are reported market prices for separate crude benchmarks. Kuwait crude’s change is compared with the prior session; no conversion or forecast is applied.
Updated:
Subjects and places
Subject proposals
- Oil and gasSuggested
- Subject suggested from the title or summary: barrel, crudeqna.org.qa ↗
Geographic references
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- Kuwait · Place role: Coverage · Place type: Country or area · Location precision: RegionalEvidence
- Explicit preserved editorial country/region; no city or national centroid inferredqna.org.qa ↗