Kuwait-Mubasher: The price of Kuwait’s crude oil dropped $1.23 to settle at $26.44 per barrel on Wednesday as compared to $27.67 on Tuesday, said Kuwait Petroleum Corporation (KPC).
Brent crude oil plunged by $3 to reach $34.2 a barrel; the lowest level since 2004.
The US crude oil retreated by $2 to $33.9 per barrel.
