Kuwait Oil Price Increases to $72.79 Per Barrel

Kuwait city: The price of Kuwaiti oil increased by $2.18 to reach $72.79 per barrel on Monday, compared to $70.61 per barrel last Friday, as reported by the Kuwait Petroleum Corporation (KPC) on Tuesday.

According to Qatar News Agency, the prices of Brent crude and West Texas Intermediate experienced a decrease. Brent crude fell by $1.15, settling at $69.21 per barrel, while West Texas Intermediate decreased by $1.47, closing at $66.98 per barrel.