Kuwait city: The price of Kuwaiti oil decreased by 50 cents, reaching USD 69.31 per barrel on Monday. This represents a slight drop from the previous price of USD 69.81 per barrel recorded last Friday, as reported by Kuwait Petroleum Corporation (KPC) on Tuesday.
According to Kuwait News Agency, the global oil markets saw a different trend, with Brent crude increasing by four cents to USD 66.63 per barrel. Similarly, West Texas Intermediate experienced a rise of eight cents, reaching USD 63.96 per barrel.