Kuwait city: The price of Kuwaiti crude oil fell by 83 cents, settling at US$68.80 per barrel on Monday, down from US$69.63 per barrel last Friday. This information was shared by the Kuwait Petroleum Corporation (KPC) on Tuesday.
According to Emirates News Agency, the global oil market also witnessed a decrease in prices. Brent crude declined by 32 cents, reaching $65.62 per barrel. Meanwhile, West Texas Intermediate saw a reduction of 19 cents, bringing its price to $61.31 per barrel.