KUWAIT, 16th February, 2023 (WAM) -- The price of Kuwaiti oil dropped by US$1.62 to US$84.46 per barrel on Wednesday as opposed to $86.08 pb the day before, said the Kuwait Petroleum Corporation (KPC) Thursday.

According to the Kuwait News Agency (KUNA), the Brent Crude in the global market went down 20 cents to $85.38 per barrel, the same occurred with the West Texas Intermediate, which went decreased by 47 cents to $78.59 pb.