Kuwait oil price down USD 1.26 to USD42.74 pb
Date
6/17/2016 8:37:39 AM
(MENAFN- Kuwait News Agency (KUNA)) KUWAIT, June 17 (KUNA) -- The price of Kuwaiti oil dropped Thursday by USD 1.26 to settle at USD 42.74 per barrel after being at USD 44 the day before, said Kuwait Petroleum Corporation (KPC) Friday.
At the global level, the price of oil retreated by four percent yesterday due to speculation over the UK possible detachment from the EU.
The price of oil also was affected by statistics regarding the decrease in the American crude reserves.
The Brent mix price went down by USD 1.78 to settle at USD 47.19 pb while the price for the American crude also went down USD 1.8 to settle at USD 46.21 pb. (end) ht.gta
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