Kuwait City: The price of Kuwaiti oil decreased by 32 cents to $76.28 per barrel on Monday, compared to $76.60 per barrel last Friday, as reported by Kuwait Petroleum Corporation (KPC) on Tuesday.
According to Emirates News Agency, the global oil markets experienced an increase in the price of Brent crude and West Texas Intermediate. Brent crude went up by 84 cents to $73.00 per barrel, while West Texas Intermediate saw an increase of 83 cents, reaching $69.11 per barrel.
These fluctuations in oil prices are observed as part of the ongoing changes in the global oil market dynamics, reflecting varied influences on supply and demand.
