Kuwait’s crude oil drops 74 cents

Kuwait-Mubasher: The price of Kuwait’s crude oil decreased 74 cents to settle at $27.9 per barrel on Monday as compared to $28.64 on Friday, according to Kuwait Petroleum Corporation.

Brent crude oil plunged 1.44% or 53 cents to $36.35 a barrel, the lowest level in 11 years.

The U.S. crude oil gained a cent or 0.03% to approach $34.74 per barrel.

Mubasher Contribution Time: 22-Dec-2015 07:45 (GMT)