Kuwait oil drops USD 1.77 to USD 87.87 pb — KPC

Kuwait oil price dropped USD 1.77 per barrel (pb) during Tuesday’s trading session to reach USD 87.87 pb compared with USD 89.64 pb the day before, Kuwait Petroleum Corporation (KPC) said Wednesday.

Benchmark Brent gained USD 1.93 to reach USD 88.20 pb and West Texas Intermediate surged USD 2.29 to USD 85.60 pb.

Source: Kuwait News Agency