Kuwait city: Kuwait crude oil prices witnessed a minor decrease on Tuesday, dropping by 13 cents to reach USD 65.26 per barrel. This change marks a slight decline from the previous day's price of USD 65.39 per barrel, as reported by the Kuwait Petroleum Corporation (KPC) on Wednesday.
According to Kuwait News Agency, while Kuwait's crude oil saw a reduction, global oil benchmarks experienced an increase. Brent futures rose by 69 cents, reaching USD 64.89 per barrel, while West Texas Intermediate saw an increase of 83 cents, moving up to USD 60.74 per barrel. This indicates varying trends in the oil market, with some fluctuations occurring across different regions and benchmarks.