Kuwait Crude Oil Price Declines by USD 1.53

Kuwait City: The Kuwaiti crude oil price experienced a decrease of USD 1.53 on Tuesday, settling at USD 77.88 per barrel, as reported by the Kuwait Petroleum Corporation (KPC) on Wednesday. This marks a decline from the previous price of USD 79.41 per barrel.

According to Kuwait News Agency, while Kuwaiti crude saw a drop, Brent futures observed an increase of 24 cents, reaching USD 76.20 per barrel. Additionally, the price of West Texas Intermediate (WTA) rose by 46 cents, reaching USD 72.70 per barrel.