Kuwaiti oil drops to $102.80
The price of Kuwaiti oil per barrel decreased by $1.42 to reach $102.80, down from $107.22 during Monday's trading, according to the Kuwait Petroleum Corporation. In the global markets, Brent crude futures rose by 26 cents to $100.58 per barrel, while U.S. West Texas Intermediate futures increased by one cent to $89.44. The recent decline in oil prices reflects global market fluctuations and concerns about economic demand.
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