Price of Kuwaiti oil dropped 98 cents to settle at USD 119.24 per barrel on Wednesday compared with USD 120.22 pb on Tuesday, Kuwait Petroleum Corporation (KPC) said on Thursday.
Globally, price of the Brent crude dropped by USD 2.82 to 109.11 pb, while West Texas Intermediate crude fell by USD 2.81 to USD 109.59 pb.
Source: Kuwait News Agency