LOC10:34
07:34 GMT
KUWAIT, June 22 (KUNA) -- The price of Kuwaiti oil went down USD 1.07 to USD 41.89 per barrel (pb) on Wednesday after being at USD 42.96 pb last Tuesday, said Kuwait Petroleum Corporation (KPC) Thursday.
Global markets also saw decline in prices amidst fluctuating transactions overshadowed by growing concerns of abundance in supply from the US and China.
The price of the Brent Blend was down USD 1.20 to USD 44.83 pb, the same case with the West Texas Intermediate, which went down 98 cents to USD 42.53 pb. (end)
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