Kuwaiti oil barrel price falls $6.45 to $87.56

The price of a barrel of Kuwaiti crude oil fell by $6.45 to reach $87.56 per barrel in trading on Monday, compared to $94.01 per barrel in trading on the previous Friday, according to the price announced by the Kuwait Petroleum Corporation.

In global markets, Brent crude futures dropped by $7.09 to $85.87 per barrel, while West Texas Intermediate (WTI) crude futures fell by $6.70 to $80.95 per barrel.