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Kuwait crude oil price declines - KPC

Kuwait crude oil price declines - KPC
Photo Credit: Arabianeye-Reuters

Kuwait Petroleum Corporation (KPC) has announced that the price of Kuwaiti crude oil has reached $54.66 per barrel on Monday, compared to $54.95 per barrel on Friday; registering a decline of 29 cents.

 

Noteworthy, the price of Kuwait crude oil went up to $54.06 per barrel on Friday, rising by about 89 cents.

 

On global markets level, the price of Brent stood at $59.45 per barrel, declining by $3.04 or 4.8%.

 

Additionally, the price of the American crude oil fell to $49.59 per barrel, going down by 17 cents.