Kuwait Oil Price Falls to $71.14 Per Barrel.

KUWAIT CITY: The Kuwaiti oil price experienced a decline, dropping by $1.14 to $71.14 per barrel on Tuesday. This decrease is in comparison to the $72.28 per barrel recorded on Monday, as reported by the state news agency, KUNA, which cited the Kuwait Petroleum Corporation (KPC) on Wednesday. According to Emirates News Agency, on a global scale, Brent crude prices also saw a reduction, decreasing by 30 cents to $71.12 per barrel. Similarly, West Texas Intermediate crude experienced a decline of 17 cents, bringing its price to $67.21 per barrel.