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Kuwait oil price down

Price of Kuwaiti oil barrel went down Thursday 46 cents reaching USD 36.75 per barrel compared to USD 37.21pb on Wednesday, said Kuwait Petroleum Corporation (KPC) on Friday.

Crude future contracts have declined in global markets yesterday, from four-months high amid volatile trade, due to increased uncertainty over forecast outcome of the top exporters’ meeting in Qatar, due next Sunday.

Brent crude oil dropped USD 34 Cents reaching USD 43.84 pb upon settlement yesterday, while the US crude oil barrel lost 26 cents and stood at USD 41.50.  (KUNA)

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