Mubasher: The price of Kuwait oil declined by $1.82 on Thursday, according to the Kuwait Petroleum Corporation (KPC).
Kuwaiti crude registered $61.37 per barrel, compared to 63.19 on Wednesday.
The decline in Kuwaiti oil prices comes in line with the drop in crude prices globally amidst fears of a supply glut due to the surging US production levels.
Source:
Mubasher