Kuwaiti oil price falls to $106.51
The price of Kuwaiti oil per barrel decreased by $2.18 to reach $106.51 in trading yesterday, compared to $108.69 on Friday, according to the Kuwait Petroleum Corporation. In the global markets, Brent crude futures rose by 96 cents to $105.28, while U.S. West Texas Intermediate futures reached $92.60 after an increase of 19 cents. The relevant authorities confirmed that oil market stability depends on confidence and the cooperation of countries during crises.
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