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Kuwait Oil Price Sees Increase to $69.23 Per Barrel

Kuwait city: The price of Kuwait oil increased by 22 cents, reaching $69.23 per barrel on Monday. This rise comes in comparison to the previous price of $69.01 per barrel last Friday, as confirmed by the Kuwait Petroleum Corporation (KPC) on Tuesday.

According to Emirates News Agency, the prices for other major benchmarks saw a decrease. Brent Crude fell by 16 cents, settling at $67.61 per barrel, while West Texas Intermediate saw a larger drop of 41 cents, bringing it to $65.11 per barrel. The changes in these prices reflect ongoing fluctuations in the global oil market.

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