Kuwait crude oil price up to USD 81.33 pd

KUWAIT, Oct 25 (KUNA) -- The price of Kuwait crude oil per barrel went up by USD 1.22 to stand at USD 81.33 pb on Friday compared to USD 80.11 the day before, said Kuwait Petroleum Corporation (KPC) here on Saturday.
Global oil prices have dropped yesterday amidst investors' concern that oil supply will flood the markets for the upcoming days.
Prices have slipped due to Iraq's and Libya's intention to supply the market with more oil despite turbulences in the two countries. (end) asj.nfm