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Commodities

Kuwaiti Crude Oil Price Tumbles $8.38 per Barrel

Guavy AI Editorial Team
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Oil
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The price of Kuwaiti crude oil dropped by $8.38 per barrel to $94.01 in Friday's trading, according to figures released by the Kuwait Petroleum Corporation.

This decline follows a previous session where the price was at $102.39 per barrel. The global market saw Brent crude futures decrease by $3.91 to $96.78 per barrel and US West Texas Intermediate (WTI) crude futures down by $2.78 to $89.31 per barrel.

The trading took place on July 25, marking the latest development in the oil market's fluctuations.

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