Kuwaiti oil prices recorded a notable decline in the latest trading session, falling by $3.32 to $68.61 per barrel, compared to $71.93 in the previous session, according to the Kuwait Petroleum Corporation.
The drop in Kuwaiti crude comes despite a relatively stable performance in global oil benchmarks.
Brent crude edged up slightly by 23 cents to $71.80 per barrel, while U.S. West Texas Intermediate (WTI) also posted a modest gain of 11 cents, closing at $68.69 per barrel.
Kuwaiti crude is now trading slightly below WTI and remains at a discount to Brent, reflecting short-term pricing adjustments in regional grades compared to global benchmarks.
Despite daily volatility, market sentiment remains broadly stable, with global prices supported by balanced supply-demand expectations and limited upward momentum in international trading.
