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Kuwaiti oil price down 81 cents to USD 60.09 pb.

KUWAIT, March 9 (KUNA) -- The price of Kuwaiti crude oil went down 81 cents, settling at USD 60.09 per barrel (pb) on Thursday, compared to USD 60.90 the day before, said Kuwait Petroleum Corporation (KPC) on Friday. In world markets, prices were stable thanks to support by high demand after a decline in the previous session due to record high production of US crude, as well as increase in reserve. The Brent Blend was up two cents to USD 64.36 pb, as did the West Texas Intermediate with one cent to USD 61.16 pb. (end) osj.hb

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Publication:Kuwait News Agency (KUNA)
Date:Mar 9, 2018
Words:115
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