Kuwait City: The price of Kuwaiti oil decreased by six cents, settling at USD 82.25 per barrel on Tuesday, as reported by the Kuwait Petroleum Corporation (KPC) on Wednesday. This marks a slight drop from the previous day's price of USD 82.31 per barrel.
According to Kuwait News Agency, on a global scale, oil prices also experienced a decrease. Brent crude saw a reduction of USD 1.09, bringing it to USD 79.92 per barrel. Similarly, West Texas Intermediate fell by USD 1.32, ending at USD 77.50 per barrel.