Kuwait city: The price of Kuwaiti oil saw a decrease of 64 cents, settling at USD 68.59 per barrel on Tuesday, compared to USD 69.23 per barrel on Monday. This information was released by Kuwait Petroleum Corporation (KPC) in a statement on Wednesday.
According to Kuwait News Agency, the global oil market also experienced mixed movements. The price of Brent crude fell by 37 cents, reaching USD 67.11 per barrel. In contrast, the price of West Texas Intermediate crude increased by 34 cents, reaching USD 65.45 per barrel.