Kuwait oil price down to USD 32.16 pb – KPC

KUWAIT Price of Kuwaiti crude oil shed USD 3.30, settling at USD 32.16 pb Monday against USD 35.46 pb last Friday, Kuwait Petroleum Corporation (KPC) said Tuesday.

In global markets, prices took another nosedive as the already growing fear of the coronavirus (COVID-19) continues to amplify.

Brent crude went down by USD 3.36, settling at USD 30.50 pb, while the West Texas Intermediate lost USD 2.08 to land at USD 29.65 pb.

Source: Kuwait News Agency