Kuwait city: The price of Kuwaiti crude oil experienced a decline of USD 12.04, settling at USD 73.24 per barrel in Monday's trading session. This marked a decrease from the USD 85.28 per barrel recorded in Friday's session, as reported by the Kuwait Petroleum Corporation.
According to Qatar News Agency, the global oil market also saw a downward trend. Brent crude futures fell by USD 6.35, reaching USD 83.77 per barrel. Meanwhile, the US West Texas Intermediate (WTI) crude futures saw a reduction of USD 4.33, closing at USD 80.34 per barrel.