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Price of Kuwaiti Oil Barrel Drops to $111.55

Price of Kuwaiti Oil Barrel Drops to $111.55
Qiyas summary

The price of a barrel of Kuwaiti oil fell by 86 cents to reach $111.55.

Translated by Qiyas from الأنباء — Original source

The price of a barrel of Kuwaiti crude oil fell by 86 cents to $111.55 per barrel in Wednesday’s trading, compared to $112.41 in Tuesday’s trading, according to the price announced by the Kuwait Petroleum Corporation.

In global markets, Brent crude futures rose by $1.44 to $115.32 per barrel, while U.S. West Texas Intermediate crude futures increased by $2.88 to $102.78 per barrel.

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