Kuwaiti oil price down USD 1.50 to USD 22.56 pb
Date
1/13/2016 2:20:02 AM
(MENAFN- Kuwait News Agency (KUNA)) KUWAIT Jan 13 (KUNA) -- Price of Kuwaiti oil went down by USD 1.50 Tuesday to settle at USD 22.56 per barrel after being at USD 24.06 pb Monday said a statement by Kuwait Petroleum Corporation (KPC) Wednesday.In the world market the crude forwards fell in the seventh consecutive session Tuesday amid mounting concern regarding declining Chinese demand along with absence of any limits on output.The Brent Blend price fell 2.19 percent settling at USD 30.86 pb. The American crude also dropped 3.1 percent settling at USD 30.44 pb. (end) oj.rk
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