Kuwait oil price drops to $72.47 pb

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Kuwait oil price drops to $72.47 pb

Kuwait oil price drops to $72.47 pb

WAM
05 Aug 2025, 14:35 GMT+

KUWAIT, 5th August, 2025 (WAM) -- The price of Kuwaiti oil dropped by US$2.56 to US$72.47 per barrel (pb) on Monday, compared to Friday's US$75.03 pb, the Kuwait Petroleum Corporation announced on Tuesday.

The prices of Brent crude and West Texas Intermediate also declined in the global markets by 91 cents and $1.04, respectively, settling each at $68.76 pb and $66.29 pb, according to the Kuwait News Agency.

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