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Oil production and extraction in Kuwait. Oil pump jack and oil barrels with Kuwait flag. 3d illustration. Image Courtesy: Getty Images image for illustrative purpose
KUWAIT: The price of Kuwaiti oil went down by USD 1.06 to USD 77.52 per barrel on Thursday as opposed to USD 78.58 pb the day before, said the Kuwait Petroleum Corporation (KPC) on Friday.
In global markets, the price of Brent crude went down by USD 4.81 to settle at USD 70.14 pb, and the price of West Texas Intermediate went down by USD 4.76 to settle at USD 66.95 pb.
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