Kuwait city: Kuwait crude oil dropped 62 cents during Tuesday's trading to reach USD 72.46 per barrel compared with USD 73.08 the day before, Kuwait Petroleum Corporation (KPC) said Wednesday.
According to Kuwait News Agency, while Kuwait's crude oil prices experienced a decline, Brent futures increased by USD 1.03, reaching USD 68.47 per barrel. Meanwhile, West Texas Intermediate (WTI) saw a gain of USD 1.22, bringing its price to USD 64.52 per barrel.
These fluctuations in oil prices reflect ongoing adjustments in the global oil market, where various factors influence pricing dynamics across different types of crude oil.