Kuwait Crude Oil Sees Modest Increase as Global Benchmarks Decline

Kuwait city: Kuwait crude oil gained 42 cents during Tuesday's trading to reach USD 69.37 per barrel compared with USD 68.95 per barrel the day before, Kuwait Petroleum Corporation (KPC) said Wednesday.

According to Kuwait News Agency, while Kuwait's crude oil price experienced an increase, global benchmarks saw a decline. Benchmark Brent futures dropped 81 cents to USD 65.79 per barrel, and West Texas Intermediate lost USD 1.07 to reach USD 62.35 per barrel.