Kuwait oil price down 45 cents to USD 43.28 pb


(MENAFN- Kuwait News Agency (KUNA)) KUWAIT, June 20 (KUNA) -- The price of Kuwaiti oil went down by 45 cents to USD 43.28 per barrel Monday after being at USD 43.73 pb last Friday, said Kuwait Petroleum Corporation (KPC) Tuesday.

At the global level, the price went down due to production increase in the US, Libya, and Nigeria.

The price of the Brent crude was down by 46 cents to USD 46.91 per barrel, the same case with the West Texas Intermediate, which went down by 54 cents to USD 44.20 pb. (end) osj.gta

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