Abu dhabi: The price of Kuwaiti oil experienced a decrease of $1.10, bringing it down to $68.68 per barrel on Wednesday. This decline follows a previous price of $69.78 on Tuesday, as reported by the Kuwait Petroleum Corporation (KPC).
According to Emirates News Agency, Brent crude futures saw a reduction of 49 cents, settling at $65.63 per barrel. Additionally, West Texas Intermediate (WTI) recorded a decrease of 52 cents, resulting in a price of $62.65 per barrel. These market movements highlight ongoing fluctuations in global oil prices.