Price of a barrel of Kuwaiti crude oil falls to $82.40

The price of a barrel of Kuwaiti crude oil fell by 44 cents to $82.40 in trading on Thursday, compared to $82.84 in trading on Wednesday, according to the price announced by the Kuwait Petroleum Corporation.

In global markets, Brent crude futures fell by $1.91 to $87.07 per barrel, while West Texas Intermediate (WTI) crude futures dropped by $1.95 to $81.25 per barrel.