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Kuwait oil price in record fall to USD 24.12 pb
January 9, 2016, 8:07 am

Kuwait oil price, in record decline, dropped USD 2.32 reaching USD 24.12 per barrel on Thursday in contrast to USD 26.44 pb on Wednesday, Kuwait Petroleum Corporation (KPC) said on Friday.

In international markets, Brent Blend contracts rose, today (Friday), 2.3 percent, reaching USD 34.72 pb, two dollars higher than its lowest fall recorded in 2004 when they reached USD 32.16 pb.

Meanwhile, the American West Texas crude rose 2.16 percent reaching USD 33.99 pb, after falling in the previous session to USD 33.10 pb, an ebb unprecedented since 2003.

Source: KUNA

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