Kuwait city: The price of a barrel of Kuwaiti oil experienced a decline of USD 6.12, settling at USD 120.18 in yesterday's trading. This marks a decrease from the previous day's price of USD 126.30, as announced by the Kuwait Petroleum Corporation.
According to Qatar News Agency, the global oil market also witnessed changes. Brent crude futures fell by USD 1.01, reaching USD 104.82 a barrel. Similarly, US West Texas Intermediate (WTI) crude futures saw a decline of USD 0.52, bringing the price to USD 101.91 a barrel.