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Kuwait Oil Price Declines by USD 1.06 to USD 73.48 Per Barrel.

KUWAIT CITY: The price of Kuwait oil experienced a decrease of USD 1.06, settling at USD 73.48 per barrel on Tuesday, as reported by the Kuwait Petroleum Corporation (KPC) on Wednesday. This marks a drop from the previous day's price of USD 74.54 per barrel. According to Kuwait News Agency, the decrease in Kuwait's oil price aligns with global trends. Brent crude witnessed a decline of 20 cents, reaching USD 72.81 per barrel. Similarly, West Texas Intermediate saw a reduction of 17 cents, pricing at USD 68.77 per barrel.