KUWAIT, Aug 20 (KUNA) — The price of Kuwaiti oil dropped by USD 1.23, settling at USD 79.08 per barrel on Monday, compared to USD 80.31 per barrel last Friday, the Kuwait Petroleum Corporation (KPC) reported on Tuesday.
Brent Crude and West Texas Intermediate also saw declines. Brent Crude decreased by USD 2.02 to reach USD 77.66 per barrel, while West Texas Intermediate fell by USD 2.28, closing at USD 74.37 per barrel.