Kuwait crude oil price down USD 2.49 to USD 96.30


(MENAFN- Kuwait News Agency (KUNA)) Kuwait crude oil per barrel (pb) went down Monday USD 2.49 to USD 96.30 compared to USD 98.79 the day before, according to oil prices announced by Kuwait Petroleum Corporation Tuesday.

Meanwhile, in the international oil market, the prices of future Brent mix oil contract went down to its lowest in 16 months because of the slow demand on crude oil In Europe and China markets.

American crude oil prices also went down to their lowest in seven months because of the US dollar exchange rate going up and due to the abundant supplies.


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