Kuwait crude oil price up 2 cents to US dollar 96.32
Kuwait crude oil
Kuwait - KUNA
Kuwait crude oil per barrel (pb) went up Tuesday two cents to USD 96.32 compared to USD 96.30 the day before, according to oil prices announced by Kuwait Petroleum Corporation Wednesday.
Meanwhile, in the international oil market, the prices of future Brent mix oil contract went down to its lowest in 16 months because of the slow demand on crude oil In Europe and China markets.
American crude oil prices also went down to their lowest in seven months because of the US dollar exchange rate going up and due to the abundant supplies.
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