Kuwaiti oil price down 3 cents to stand at USD 66.76 per barrel

The price of Kuwaiti crude oil went down 3 cents yesterday and settled at USD 66.76 per barrel, compared to USD 66.79 per barrel in trading since last Friday, said Kuwait Petroleum Corporation (KPC).

In world markets, oil prices were stable in trading yesterday due to strong deman and weak dollar, including OPEC continued commitment to reduce production.

Oil crude price Brent mixed was down 8 cents to stand at USD 70.44, but US crude Western Texas oil up 15 cents, and settling at USD 66.29 per barrel.

Source: Kuwait News Agency