Kuwait oil price down 18 cents to US 32.84 per barrel


(MENAFN- Emirates News Agency (WAM))

KUWAIT 10th March 2016 (WAM) -- The price of Kuwaiti oil went down on Wednesday by 18 cents to settle at US$32.84 per barrel compared to US$33.02 per barrel the day before said Kuwait Petroleum Corporation KPC on Thursday morning.

In the world market oil prices rose as a US government agency report showed gasoline inventories dropping more than expected according to Kuwait News Agency KUNA. Brent crude increased US$1.42 to close at US$41.07 a barrel. US crude oil moved up US$1.79 to settle at US$38.29 a barrel.


WAM/Moran


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