Kuwait oil price drops to $67.01 pb

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Kuwait oil price drops to $67.01 pb

Kuwait oil price drops to $67.01 pb

WAM
08 Apr 2025, 13:41 GMT+10

KUWAIT, 8th April, 2025 (WAM) -- The price of Kuwaiti oil made a huge drop by US$5.95 to US$67.01 per barrel (pb) on Monday as opposed to Friday's US$72.96 pb, said the Kuwait Petroleum Corporation (KPC) on Tuesday.

The prices of the Brent Crude and the West Texas Intermediate at the global markets came down each by $1.37 and $1.29 to settle respectively at $64.21 pb and $60.70 pb, Kuwait News Agency reported.

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