Price of a barrel of Kuwaiti crude oil falls 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, down from $87.43 per barrel in Tuesday’s trading, according to the price announced by the Kuwait Petroleum Corporation. In global markets, Brent crude futures dropped by $2.30 to $86.28 per barrel, while U.S. West Texas Intermediate (WTI) crude futures fell by $2.08 to $80.28 per barrel.