Kuwait crude oil dropped in trading in international markets Thursday to end the day at USD 105.25 per barrel, Kuwait Petroleum Corporation (KPC) said Friday.
It added in a brief statement that the barrel of Kuwait crude oil lost 16 cents compared with Wednesday’s trading.
Oil prices have been decreasing because of the appreciation of the US Dollar vis-a-vis the world’s major currencies, coupled with positive figures of the oil stocks in the US.
Source : KUNA Kuwait News agency
