Kuwait oil price down 15 cents to $70.86 pb

emirates7 - The price of Kuwaiti oil fell by 15 cents on Wednesday, settling at US$70.86 per barrel, down from US$71.01 the previous day, according to the Kuwait Petroleum Corporation on Thursday.

Meanwhile, Brent crude declined by 8 cents to US$68.51 per barrel, and West Texas Intermediate slipped by 6 cents to US$65.25 per barrel, as reported by the Kuwait News Agency.