Kuwaiti oil falls over $8 per barrel

The price of Kuwaiti oil per barrel dropped significantly, falling by more than $8 to reach $94.01, compared to $102.39 in a previous trading session, according to data from the Kuwait Petroleum Corporation. This decline comes amid a general decrease in global oil prices, with Brent crude futures falling by $3.90 to $96.78, and West Texas Intermediate (WTI) crude decreasing by $2.87 to $89.31. This downward trend indicates changes in the global oil market and reflects on Kuwaiti oil prices accordingly.

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