Kuwait oil price drops by $1.33 settling at $76.49 pb - KPC

Oil production and extraction in Kuwait. Oil pump jack and oil barrels with Kuwait flag. 3d illustration. Image Courtesy: Getty Images image for illustrative purpose
Getty Images/iStockphoto

In the global markets, price of the Brent crude oil fell by 49 cents to USD 72.53 pb and that of the West Texas Intermediate crude went down by 31 cents to reach USD 68.62 a barrel

Staff Writer, Kuwait News Agency (KUNA)

February 27, 2025

PHOTO
Oil production and extraction in Kuwait. Oil pump jack and oil barrels with Kuwait flag. 3d illustration. Image Courtesy: Getty Images image for illustrative purpose

KUWAIT: Kuwait oil price moved down by USD 1.33 to settle at USD 76.49 per barrel (pb) on Wednesday, compared with USD 77.82 pb the previous day, Kuwait Petroleum Corporation (KPC) said on Thursday.

In the global markets, price of the Brent crude oil fell by 49 cents to USD 72.53 pb and that of the West Texas Intermediate crude went down by 31 cents to reach USD 68.62 a barrel.

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