Price of Kuwaiti crude oil barrel falls by $5.67 to $81.76

The price of a barrel of Kuwaiti crude oil fell by $5.67 to reach $81.76 per barrel in Wednesday’s trading, compared to $87.43 in the previous day’s trading, according to the price announced by the Kuwait Petroleum Corporation.

In global markets, Brent crude futures dropped by $2.30 to reach $86.28 per barrel, while West Texas Intermediate (WTI) crude futures in the United States fell by $2.08 to reach $80.28 per barrel.