Kuwait oil price down $2.91 to $120.47 - KPC

In global markets, Brent crude declined by USD 8.60 to reach USD 101.27 pb, and US West Texas Intermediate fell by USD 7.19 to reach USD 95.08 pb

Staff Writer, Kuwait News Agency (KUNA)

May 7, 2026

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KUWAIT -- Kuwaiti oil prices dropped by USD 2.91 to reach 120.47 per barrel (pb) in Wednesday's trading, compared with USD 123.38 pb the previous day, according to the Kuwait Petroleum Corporation (KPC) on Thursday.

In global markets, Brent crude declined by USD 8.60 to reach USD 101.27 pb, and US West Texas Intermediate fell by USD 7.19 to reach USD 95.08 pb.

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