Decrease in Kuwait Oil Price

The Kuwaiti oil price went down US$2.28 to US$64.33 per barrel (pb) on Thursday, compared to US$66.61 pb the previous day, said the Kuwait Petroleum Corporation (KPC) on Friday.

In global markets, the prices of the Brent crude went up by 30 cents to US$63.01 pb, while West Texas Intermediate rose by 20 cents to reach US$58.69 pb.