Kuwait city: The price of Kuwaiti oil decreased by 21 cents to reach USD 58.92 per barrel on Wednesday, as reported by the Kuwait Petroleum Corporation on Thursday. This marks a slight drop from the previous day's price of USD 59.13 per barrel.
According to Kuwait News Agency, fluctuations were also observed in global markets. Brent Crude experienced an increase of 76 cents, reaching USD 59.68 per barrel, whereas West Texas Intermediate saw a decrease of 67 cents, bringing its price to USD 55.94 per barrel.