Kuwait city: Kuwait oil price experienced a decrease of 28 cents, reaching USD 71.01 per barrel on Tuesday, as compared to USD 71.29 per barrel on Monday, according to a report from Kuwait Petroleum Corporation (KPC) on Wednesday.
According to Kuwait News Agency, the global oil market also saw shifts, with Brent crude falling by 82 cents to USD 68.39 per barrel. Additionally, West Texas Intermediate recorded a decrease of USD 1.05, settling at USD 66.15 per barrel. These changes reflect ongoing fluctuations in the global oil pricing landscape.