Kuwait Oil Price Declines by USD 1.33, Settles at USD 76.49 Per Barrel

Kuwait City: Kuwait oil price moved down by USD 1.33 to settle at USD 76.49 per barrel (pb) on Wednesday, compared with USD 77.82 pb the previous day, Kuwait Petroleum Corporation (KPC) said on Thursday.

According to Kuwait News Agency, in the global markets, the price of Brent crude oil fell by 49 cents to USD 72.53 pb. Additionally, the price of West Texas Intermediate crude decreased by 31 cents, reaching USD 68.62 a barrel.