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World / Gulf

Kuwaiti crude oil falls nearly $2 per barrel

Published: 05 Jun 2026 - 02:20 pm | Last Updated: 05 Jun 2026 - 02:25 pm

File / Photo

File / Photo

QNA

Kuwait: The Kuwait Petroleum Corporation (KPC) announced that the price of Kuwait's crude oil fell by USD 1.97 per barrel.

KPC said in a statement that Kuwaiti crude traded at USD 107.95 per barrel on Thursday, down from USD 109.92 per barrel in the previous trading session.

In global markets, Brent crude futures fell by USD 2.78 to settle at USD 95.03 per barrel, while West Texas Intermediate (WTI) crude futures declined by USD 2.98 to USD 93.04 per barrel.

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