The price of Kuwait’s crude oil dropped by 54 cents on Monday, settling at USD 68.95 per barrel, down from USD 69.49 the previous Friday, according to the Kuwait Petroleum Corporation (KPC). The update was released on Tuesday, August 19. r nMeanwhile, international benchmarks showed upward movement. Brent crude rose by 75 cents to reach USD 66.60 per barrel, while West Texas Intermediate gained 62 cents, closing at USD 63.42 per barrel. r n— news from Kuwait News Agency
— News Original —
KPC: Kuwait oil price drops 54 cents to USD 68.95 pb
KUWAIT, Aug 19 (KUNA) — The price of Kuwaiti oil went down 54 cents to USD 68.95 per barrel (pb) on Monday, compared to USD 69.49 pb last Friday, Kuwait Petroleum Corporation (KPC) said on Tuesday. nIn global markets, Brent crude increased by 75 cents to USD 66.60 pb, while West Texas Intermediate also went up by 62 cents to USD 63.42 pb. (end) r nkm.lr