Kuwait’s crude oil drops 70 cents on Wednesday

Mubasher: The price of Kuwait’s crude oil decreased by 70 cents to settle at $74.82 per barrel (pb) on Wednesday compared to $75.52 pb on Tuesday, according to the latest data issued by the Kuwait Petroleum Corporation (KPC).

Globally, oil prices declined by the end of Wednesday following the data on crude oil inventories, which increased by 5.8 million barrels in the past week.

Mubasher Contribution Time: 24-May-2018 08:16 (GMT)
Mubasher Last Update Time: 24-May-2018 08:16 (GMT)