The price of Kuwaiti crude oil declined by $2.97 to $84.97 per barrel (pb) in Wednesday’s trading, down from $87.94 per barrel on Tuesday, according to figures released by the Kuwait Petroleum Corporation (KPC).
Meanwhile, global oil markets edged higher, with Brent crude rising 22 cents to $84.95 per barrel, while U.S. West Texas Intermediate (WTI) gained 26 cents to settle at $79.60 per barrel.
