Kuwait City: The price of Kuwait oil dropped by 27 cents, settling at USD 73.21 per barrel on Wednesday, compared to USD 73.48 per barrel on Tuesday, as reported by the Kuwait Petroleum Corporation (KPC) on Thursday.
According to Kuwait News Agency, on the global stage, the Brent crude experienced a minor increase of two cents, reaching USD 71.83 per barrel. Conversely, the West Texas Intermediate saw a decrease of five cents, bringing its price to USD 68.72 per barrel.