LOC12:24
09:24 GMT
Kuwaiti crude price reaches USD 105.14 pb
KUWAIT, March 13 (KUNA) -- The price of Kuwaiti crude oil was down by USD 0.
75 to reach USD 105.14 pb on Tuesday, compared to USD 105.89 pb the day
before, Kuwait Petroleum Corporation (KPC) said Wednesday.
Crude prices dropped in a number of international markets after the
Organization of the Petroleum Exporting Countries (OPEC) trimmed its
predictions of economic growth in the United States and Euro zone.
Brent futures for April delivery closed Tuesday's trading flunctuated
session down USD 0.75 to reach USD 109.65 pb.
In NYMEX, prices of US crude-oil futures rose for the fouth consequative
session during instable trading on Tuesday, after stabilizing at a
considerable level during the last two sessions, while Brent premium reduced
over light US crude-oil reduced to a level below USD 17 during the session.
Light US crude-oil futures for April rose by USD 0.48 to close at USD 92.54
pb. (end)
asj.ysa.lb
KUNA 131224 Mar 13NNNN