Kuwait - Mubasher: The price of Kuwaiti oil declined by 41 cents on Friday, according to the Kuwait Petroleum Corporation (KPC).
Kuwaiti crude registered $44.28 per barrel (pb) yesterday, compared to $44.69 pb on Thursday, as reported by Kuwait News Agency (KUNA).
On the other hand, oil prices increased in international markets after the news regarding the halt of production in a Nigerian pipeline, however, fear still remains regarding a surplus in global supplies.
