Kuwait City: The price of Kuwaiti oil experienced a decline, dropping by USD 2.47 to reach USD 59.94 per barrel on Monday, compared to USD 62.41 per barrel last Friday, as reported by the Kuwait Petroleum Corporation (KPC) on Tuesday.
According to Kuwait News Agency, the prices of Brent crude and West Texas Intermediate also saw decreases. Brent crude fell by USD 1.06, settling at USD 60.23 per barrel, while West Texas Intermediate dropped by USD 1.16, ending at USD 57.13 per barrel.