Kuwaiti oil price down 66 cents to USD 26.75 pb

KUWAIT, Feb 6 (KUNA) -- The price of Kuwaiti oil dropped 66 cents on Friday reaching USD 26.75 per barrel (pb) compared with USD 27.41 pb on Thursday, said the Kuwait Petroleum Corporation (KPC) on Saturday.
On global markets, oil price went up in Friday's trading with an anticipation of reports on possible coordination between OPEC and non-OPEC producers.
The future contracts of US oil for March delivery rose by three percent, climbing to USD 31.8 per barrel, however Brent oil price declined by 0.09 percent to stand at USD 34.4 per barrel. (end) mka.tb.tg