Kuwait city: The price of Kuwaiti oil has decreased by 25 cents, settling at USD 70.38 per barrel during Wednesday's trading. This is a reduction from the previous day's price of USD 70.63 per barrel.
According to Kuwait News Agency, the Kuwait Petroleum Corporation reported this change on Thursday. On the global stage, the price of Brent crude experienced a decline of 19 cents, reaching USD 68.52 per barrel. Similarly, West Texas Intermediate crude saw a reduction of 14 cents, bringing its price to USD 66.38 per barrel.