Kuwait crude oil drops to US$62.57 per barrel

KUWAIT, 9th May, 2025 (WAM) — The price of Kuwaiti crude oil fell by US$1.48 during Thursday’s trading, settling at US$62.57 per barrel, compared to US$64.05 the previous day, Kuwait Petroleum Corporation announced on Friday.

According to the Kuwait News Agency (KUNA), Brent futures rose by US$1.72 to US$62.84 per barrel, while West Texas Intermediate increased by US$1.84 to US$59.91 per barrel.