Kuwait crude drops 7 cents to USD 110.40


(MENAFN- Kuwait News Agency (KUNA)) A barrel of Kuwait oil dropped seven cents during Friday's trading to settle at USD 110.40, Kuwait Petroleum Corporation (KPC) said Saturday. Oil prices in international markets ended the week with losses though they witnessed an increase in some markets as future contracts for the Brent crude witnessed a surge. Brent April delivery contracts gained 75 cents during yesterday's trading to end the day at USD 114.10 per barrel. In NYMEX, US light crude April delivery gained 29 cents to close at USD 93. 13 per barrel.


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