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Kuwait Crude price down to USD 28.05 pb

Kuwait Crude price down to USD 28.05 pb
KUWAIT, May 28 (KUNA) -- The Kuwaiti crude oil price fell by 56 cents to USD 28.05 pb on Wednesday from USD 28.61 a day earlier, Kuwait Petroleum Corporation (KPC) said on Thursday.
Globally, the prices of Brent Crude futures lost USD 1.65 or 4.6 percent to settle at USD 34.52 pb.
The West Texas Intermediate (WTI) also dropped by USD 1.54 or 4.5 percent, to close at USD 32.81 pb. (end) km.mt