The price of Kuwait oil decreased by $1.13 on Thursday, Kuwait News Agency (KUNA) reported.
Kuwaiti crude settled at $27.81 per barrel (pb) yesterday, compared with its level on Wednesday’s close at $28.94, according to the Kuwait Petroleum Corporation (KPC).
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Globally, travel restrictions prompting a drop in demand led to a decline in oil prices, Brent crude futures decreased by $1.05 to $26.34 pb.
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