Kuwaiti Oil Price Falls by $1.12 on Tuesday

The Kuwaiti oil price dropped by $1.12 to $105.39 per barrel in Tuesday's trading, according to figures released by the Kuwait Petroleum Corporation on Wednesday.

This marks a decrease from the previous session's price of $106.51 per barrel, as reported by the corporation.

In global markets, Brent crude futures decreased by $2.69 to $102.59 per barrel, while US West Texas Intermediate (WTI) crude futures were up by $3.22 to $89.38 per barrel.