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Kuwaiti oil price down USD 1.09 to USD 36.06 pb

Kuwaiti oil price down USD 1.09 to USD 36.06 pb
Kuwaiti oil price down USD 1.09 to USD 36.06 pb
KUWAIT, Dec 1 (KUNA) -- The price of Kuwaiti oil went down USD 1.09 Monday to settle at 36.06 per barrel compared to USD 37.15 pb on November 25, said Kuwait Petroleum Corporation (KPC) Tuesday.
Analysts have predicted that oil prices would remain low for long periods, noting that OPEC would not cut production when OPEC officials meet next Friday.(end) mka.tg