Kuwait city: The price of Kuwaiti oil dropped by $3.58, reaching $103.79 per barrel in trading on Monday, compared to $107.37 per barrel on Friday, according to the Kuwait Petroleum Corporation (KPC) on Tuesday.

According to Qatar News Agency, in global markets, Brent crude rose by $2.90 to reach $108.23 per barrel, while US West Texas Intermediate (WTI) crude increased by $1.97 to reach $96.37 per barrel.