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Price of a Barrel of Kuwaiti Oil Drops to $94.35

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Qiyas summary

The price of a barrel of Kuwaiti oil fell by $1.10 to reach $94.35, amid a decline in Brent and US oil prices.

Translated by Qiyas from القبس — Original source

The price of a barrel of Kuwaiti crude oil fell by $1.10 to $94.35 per barrel in Wednesday’s trading, down from $95.45 in Tuesday’s trading, according to the price announced by the Kuwait Petroleum Corporation. In global markets, Brent crude futures dropped $8.98 to $94.62 per barrel, while West Texas Intermediate (WTI) crude futures fell $7.97 to $88.12 per barrel.

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