Published On: Thu, Nov 13th, 2014

Kuwait crude oil price down to USD 75.45 pb

Kuwait crude oil price down to USD 75.45 pb

Kuwait crude oil price down to USD 75.45 pb

Price of Kuwait crude oil per barrel went down by US$1.97 to $75.45 pb Tuesday compared to $77.24 last Monday, said the Kuwait Petroleum Corporation (KPC) on Wednesday.

Kuwait News Agency, KUNA, said that on the global market Brent blend future contracts went down yesterday to its lowest price in four years due to the rise of the value of the US dollar and the retreat in Libyan oil production.

Source : WAM News Agency for United Arab Emirates

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