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.
Source:
Mubasher