Kuwaiti oil barrel price drops 54 cents to 14.14 dollars

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KUWAIT, April 25: The price of a barrel of Kuwaiti oil fell 54 cents to 14.14 dollars in trading on Friday, compared to 14.65 dollars in trading yesterday, according to the price announced by the Kuwait Petroleum Corporation.

In global markets, Brent futures were settled yesterday at an increase of 11 cents, equivalent to 0.5 percent at $ 21.44 a barrel, while American West Texas Intermediate increased 44 cents, or 2.7 percent, to be settled at $ 16.94 a barrel (KUNA)

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