Kuwait oil price jumps USD 3.34 to USD 68.47 pb

KUWAIT, Sept 18 (KUNA) -- For the second consequtive day, the price of Kuwait oil made another huge leap by USD 3.34 to reach USD 68.47 per barrel Tuesday, after being at USD 65.13 pb last Monday, said the Kuwait Petroleum Corporation (KPC).
As for the Brent crude price, a decline was recorded of up to USD 4.47 to USD 64.55 per barrel, the same with the West Texas Intermediate, with a decline of USD 3.56 reaching USD 59.34.
The instability and current hike in prices is attributed to the recent attack on oil facilities in Saudi Arabia, which led to a decrease in Saudi production. (end) ad.mb