# 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.

- Canonical URL: https://newsverum.com/en/news/kuwait-crude-price-10313-october-16-2026
- Publisher: Newsverum
- Section: Energy
- Country: Kuwait
- Published: 2026-10-18T19:46:03+00:00
- Updated: 2026-10-18T19:46:03+00:00
- Event / data period: 2026-10-16
- Other editions: [Türkçe](https://newsverum.com/tr/news/kuwait-crude-price-10313-october-16-2026.md), [العربية](https://newsverum.com/ar/news/kuwait-crude-price-10313-october-16-2026.md), [Français](https://newsverum.com/fr/news/kuwait-crude-price-10313-october-16-2026.md), [Español](https://newsverum.com/es/news/kuwait-crude-price-10313-october-16-2026.md), [Deutsch](https://newsverum.com/de/news/kuwait-crude-price-10313-october-16-2026.md), [Português](https://newsverum.com/pt/news/kuwait-crude-price-10313-october-16-2026.md)

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.

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.

| label | value | unit | period | basis | value_qualifier |
|---|---|---|---|---|---|
| Kuwaiti crude | 103.13 | USD per barrel | 2026-10-16 | observed | exact |
| Brent futures | 109.88 | USD per barrel | 2026-10-16 | observed | exact |
| US WTI futures | 101.41 | USD per barrel | 2026-10-16 | observed | exact |

Sources: <https://qna.org.qa/en/news/news-details?date=17%2F10%2F2026&id=kuwait-oil-price-falls-to-10313-a-barrel-despite-global-crude-gains> · Download data: [JSON](https://newsverum.com/api/v1/articles/kuwait-crude-price-10313-october-16-2026/data/crude-market-settlement?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/kuwait-crude-price-10313-october-16-2026/data/crude-market-settlement?lang=en&format=csv)

## Sources

- [Qatar News Agency](<https://qna.org.qa/en/news/news-details?date=17%2F10%2F2026&id=kuwait-oil-price-falls-to-10313-a-barrel-despite-global-crude-gains>) (Source checked: 2026-10-18; Published: 2026-10-17)

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