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Kuwait oil price down 97 cents to USD 63.76 pb

Kuwait oil price down 97 cents to USD 63.76 pb
KUWAIT, Nov 20 (KUNA) -- The price of Kuwaiti oil went down by 97 cents to USD 63.76 per barrel Tuesday, after reaching USD 64.73 pb since last Monday, said the Kuwait Petroleum Corporation (KPC) on Wednesday.
In global markets, oil prices declined in response to concerns over excessive supplies and not reaching trade deal between the US and China.
The price of the Brent crude went down to USD 1.53 to reach USD 60.91 per barrel, also the case with the West Texas Intermediate, which went down USD 1.84 to reach USD 55.21 pb. (end) khm.mb