Kuwait oil price down to USD 38.85 pb

KUWAIT, May 5 (KUNA) -- Kuwait oil price went down 93 cents on Wednesday, reaching USD 38.85 per barrel (pb) against USD 39.78 pb last Tuesday, Kuwait Petroleum Corporation (KPC) said Thursday.
In international markets, oil prices also declined along with increased production, which brought back concerns of over-supply and currently weak stock markets. (end) mka.hb