Price of a barrel of Kuwaiti crude oil falls by $12.04 to $73.24

The price of a barrel of Kuwaiti crude oil fell by $12.04 to reach $73.24 per barrel in Monday’s trading, compared to $85.28 per barrel on Friday, according to the price announced by the Kuwait Petroleum Corporation.

In global markets, Brent crude futures dropped by $6.35 to $83.77 per barrel, while West Texas Intermediate (WTI) crude futures fell by $4.33 to $80.34 per barrel.