Kuwaiti crude down 47% to $107.51 per barrel
Kuwait Petroleum Corporation
Kuwait - KUNA
The price of Kuwaiti crude oil went down 47 cents in yesterday's trading and stood at USD 107.51 per barrel (pb) compared to USD 107.98 pb the day before, Kuwait Petroleum Corporation (KPC) said on Tuesday.
Meanwhile on the international markets, the Brent crudes' future deals rose 18 cents to settle at USD 113.20 pb, as well as the light American crude by 18 cents to settle at USD 106.71 pb.
The price boost was due to jitters resulting from Islamic militants seizing regions in Iraq.
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