Mubasher: The price of Kuwait’s crude oil declined by 4.23% or $3.09 to settle at $69.95 per barrel (pb) on Monday compared to $73.04 pb on Thursday, according to the latest data by the Kuwait Petroleum Corporation (KPC).

At the global level, the price of Nymex crude oil, July futures, increased by 1.2% to $65.85 pb.

Brent crude oil added 2.4% to $75.22 pb.