Kuwait Oil Price Declines 43 Cents

The price of Kuwaiti oil went down 43 cents to reach USD 88.46 per barrel on Wednesday as opposed to USD 88.89 last Tuesday, the Kuwait Petroleum Corporation (KPC) said on Thursday. On a global scale, the price of the Brent crude futures' contracts went up by USD 1.10 to USD 87.34 pb, as did the West Texas Intermediate, going up USD 1.07 to USD 83.88 pb. Source: Qatar News Agency