Mubasher: The price of Kuwait crude oil lost 76 cents to settle at $46.6 per barrel on Thursday when compared to $47.36 on Wednesday, according to the latest data issued by Kuwait Petroleum Corporation (KPC).
At the global level, oil prices fell to the lowest level in five months in line with the increase of crude oil output in the US.
The price of Brent crude oil decreased to $48.38 a barrel, and Nymex crude oil fell to $45.52.
