April 27, 2024

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Kuwait crude oil prices down 59 cents to USD 98.79

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 Kuwait crude oil per barrel (pb) went down Friday 59 cents to USD 98.79 compared to USD 99.38 the day before, according to oil prices announced by Kuwait Petroleum Corporation Saturday.
Meanwhile, in the international oil market, the prices of future Brent mix oil contract went down to its lowest in 16 months because of the slow demand on crude oil In Europe and China markets.
American crude oil prices also went down to their lowest in seven months because of the US dollar exchange rate going up and due to the abundant supplies.

Source : KUNA Kuwait News agency

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