emirates7 - The price of Kuwaiti oil dropped by 47 cents to reach US$70.45 per barrel (pb) on Tuesday, compared to Monday's US$70.92 pb, the Kuwaiti Petroleum Corporation said on Wednesday.
The price of Brent crude and West Texas Intermediate also declined in the global markets by $1.06 and $1.13 respectively, setting each at $67.63 pb and $63.41 pb, according to the Kuwait News Agency (KUNA).
The price of Brent crude and West Texas Intermediate also declined in the global markets by $1.06 and $1.13 respectively, setting each at $67.63 pb and $63.41 pb, according to the Kuwait News Agency (KUNA).