Abu dhabi: The price of Kuwait oil declined by 13 cents, settling at $71.29 per barrel on Monday. This marks a slight decrease from last Friday's price of $71.42 per barrel, as reported by the Kuwait Petroleum Corporation on Tuesday.
According to Emirates News Agency, the global oil market also experienced minor fluctuations. The price of Brent crude decreased by seven cents, closing at $69.21 per barrel. Similarly, the price of West Texas Intermediate saw a reduction of 14 cents, ending at $67.20 per barrel. These changes reflect ongoing trends in the global oil market.