PHOTO
KUWAIT - JANUARY 15: The sun sets behind a oil derek January 15, 2003 near the Saudi Arabian border, Kuwait. Kuwait produces 10% of the worlds oil and has promised to increase production as needed in the event of a war in Iraq. (Photo by Joe Raedle/Getty Images). Image used for illustrative purpose.
KUWAIT: The price of Kuwaiti oil went down by USD 1.9 to USD 77.25 per barrel on Monday as opposed to USD 79.15 pb last Friday, said Kuwait Petroleum Corporation (KPC) on Tuesday.
In the global market, the prices of the Brent crude and West Texas Intermiedate went up each by 35 and 30 centst to settle respectively at USD 74.78 pb and USD 70.70 pb.
All KUNA right are reserved © 2022. Provided by SyndiGate Media Inc. (Syndigate.info).