Kuwait - Mubasher: The Price of Kuwaiti crude oil decreased 28 cents to $41.02 per barrel on Friday after registering $41.30 pb the day before, Kuwait Petroleum Corporation (KPC) said on Saturday.
Oil prices also went down in global markets, as major exporters are expected not reach a consensus on setting an output ceiling, and reports indicating the US would record highest rise in a number of drilling rigs in two years.
Meanwhile, price of the Brent Blend declined upon settlement by $1.76 to $45.89 pb. West Texas crude oil also dropped $1.84 to $44.48 pb, according to Kuwait News Agency (KUNA).
