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Kuwait’s crude oil drops 27 cents on Monday – KPC

Kuwait’s crude oil drops 27 cents on Monday – KPC
Global oil prices registered a rise in line with the recovery of the US stocks

Mubasher: The price of Kuwait’s crude oil decreased by 27 cents to settle at $63.38 per barrel (pb) on Monday compared to $63.65 (pb) on Friday, according to the latest data by the Kuwait Petroleum Corporation (KPC).

At the global level, oil prices registered a rise in line with the recovery of the US stocks following the mild tension between the two largest economic countries in the world, the US and China.