Kuwait oil price drops to $70.63 pb

KUWAIT, 16th July, 2025 (WAM) -- Kuwait oil price dropped US$2.16 to US$70.63 per barrel on Tuesday, compared to Monday's US$72.79 pb according to Kuwait Petroleum Corporation on Wednesday.

On a global level, Brent Crude decreased 50 cents to $68.71 pb as West Texas Intermediate also dropped 46 cents to $66.52 pb, according to the Kuwait News Agency.