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Kuwait crude oil drops 52 cents on Monday – KPC

Kuwait crude oil drops 52 cents on Monday – KPC
Global oil prices declined by more than 3%

Mubasher: The price of Kuwait’s crude oil decreased by 52 cents to settle at $66.17 per barrel (pb) on Monday compared to $66.69 pb on Friday, according to the latest data by the Kuwait Petroleum Corporation (KPC).

At the global level, oil prices declined by more than 3% by the end of Monday’s transactions, following new statements by the US President Trump criticising the high prices of crude oil.