Kuwait city: Kuwait's oil price experienced a decline of 18 cents, settling at USD 73.65 per barrel on Wednesday, a slight drop from Tuesday's price of USD 73.83 per barrel. This information was provided by Kuwait Petroleum Corporation on Thursday.
According to Kuwait News Agency, the decrease in Kuwait's oil price aligns with movements in global oil markets. Brent crude saw a reduction of USD 1.60, bringing the price to USD 67.54 per barrel. Similarly, West Texas Intermediate fell by USD 1.68, with the price reaching USD 63.91 per barrel. These changes reflect ongoing market trends affecting oil prices worldwide.