Kuwait city: The price of Kuwaiti oil decreased by USD 1.45, bringing it to USD 116.65 per barrel in yesterday's trading. This marks a drop from USD 118.10 the day before, as announced by the Kuwait Petroleum Corporation.
According to Qatar News Agency, while the Kuwaiti oil prices saw a decline, the global markets experienced a rise in oil prices. Brent crude futures increased by USD 6.42, reaching USD 107.63 per barrel. Similarly, US West Texas Intermediate (WTI) crude futures also saw an increase of USD 6.43, climbing to USD 102.48.