A+ A-

Kuwait oil price down USD 2.13 to USD 52.27 pb

Kuwait oil price down to USD 52.27 pb
Kuwait oil price down to USD 52.27 pb
KUWAIT, Feb 28 (KUNA) -- The price of Kuwaiti oil went down by USD 2.13 to USD 52.27 per barrel Thursday after being at USD 54.40 pb the day before, said the Kuwait Petroleum Corporation (KPC) Friday.
The price of oil on the global scale went down to its lowest rate in a year due to coronavirus (CVOID-19), resulting in demand decrease.
The price of the Brent crude went down by USD 1.25 to USD 52.18 per barrel, the same case with the West Texas Intermediate, which went down by USD 1.64 pb to USD 47.09 pb. (end) km.gta