Kuwait Oil Price Declines to $69.54 Per Barrel

Kuwait City: The price of Kuwaiti oil decreased by 40 cents to US$69.54 per barrel on Monday, compared to US$69.94 per barrel last Friday, as reported by the Kuwait Petroleum Corporation on Thursday.

According to Emirates News Agency, at the global level, the price of Brent crude experienced a decline of US$1.01, settling at US$65.86 per barrel. Similarly, West Texas Intermediate saw a reduction of 97 cents, reaching US$62.05 per barrel.