Kuwait oil price down US$2.35 to US$120.68 pb

Price of the Brent crude went down by $2.7 to $118.51 per barrel

Esraa Ismail/Rola Alghoul, WAM (Emirates News Agency)

June 16, 2022

PHOTO
Kuwait Oil Tanker Company's new oil tanker Kazimah III sits in the Ahmadi North Pier in Kuwait in this file photo. Stephanie McGehee, Reuters Image used for illustrative purpose

The price of Kuwaiti oil went down by US$2.35 to US$120.68 per barrel on Wednesday in comparison with US$123.03 pb the day before, said the Kuwait Petroleum Corporation on Thursday.

According to the Kuwait News Agency (KUNA), the price of the Brent crude went down by $2.7 to $118.51 per barrel, the same with the West Texas Intermediate, which went down by $3.62 to $114.60 pb.

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