Kuwait’s crude oil falls to $19.14

Kuwait-Mubasher: The price of Kuwait’s crude oil continued its severe decline to settle at $19.14 per barrel on Wednesday as compared to $20.28 on Tuesday.

Brent crude oil settled below $27 a barrel, amid expectations of further declines.

During the first nine months of 2015, Kuwaiti Oil revenues suffered a $20 billion slump.

 

Mubasher Contribution Time: 21-Jan-2016 05:59 (GMT)