Kuwait oil price down USD 1.49 to USD 29.81 pb


(MENAFN- Kuwait News Agency (KUNA)) KUWAIT Dec 15 (KUNA) -- The price of Kuwait oil went down USD 1.49 to settle at USD 29.81 per barrel Monday after compared to USD 31.30 pb last Friday said Kuwait Oil Corporation (KPC) Tuesday.In the world markets the price of oil is dropping due to the increase of supplies over demands bringing it to its lowest rates in 11 years.The Brent mix went down one cent to settle at USD 37.92 pb Monday while the price of American crude went up 69 cents to reach USD 36.31 pb. (end) osj.gta


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