Kuwait City: The price of Kuwaiti oil increased by 24 cents to reach $64.26 per barrel on Tuesday, in comparison to $64.02 per barrel the previous day, as reported by the Kuwait Petroleum Corporation on Wednesday.
According to Emirates News Agency, the global oil market saw a different trend with the prices of Brent crude and West Texas Intermediate experiencing a decline. Brent crude decreased by 65 cents, bringing its price to $64.09 per barrel. Meanwhile, West Texas Intermediate saw a reduction of 64 cents, reaching $60.89 per barrel.