Price of Kuwaiti Oil Barrel Drops by $16.04 to Reach $98.72

Qiyas summary
Price of Kuwaiti oil barrel drops to $98.72
Translated by Qiyas from القبس — Original source
The price of a barrel of Kuwaiti crude oil fell by $16.04 to reach $98.72 per barrel in trading on Monday, compared to $114.76 in trading on the previous Friday, according to the price announced by the Kuwait Petroleum Corporation. In global markets, Brent crude futures dropped by $8.66 to $104.77 per barrel, while US West Texas Intermediate (WTI) crude futures fell by $7.66 to $96.46 per barrel.