Kuwait: The price of Kuwaiti oil dropped by 12 cents, settling at USD 60.61 per barrel on Tuesday, as reported by Kuwait Petroleum Corporation (KPC). This marks a slight decrease from the previous day's price of USD 60.73 per barrel.
According to Kuwait News Agency, the global oil market saw contrasting movements, with Brent crude futures experiencing an increase of 98 cents, reaching USD 64.92 per barrel. Meanwhile, US West Texas Intermediate crude also rose by 90 cents, bringing its price to USD 60.34 per barrel.