September 20, 2024

Kuwait oil down to US$74.64 pb


KUWAIT: The Kuwaiti oil price went down one cent to US$74.64 per barrel on Friday, compared with US$74.65 pb the previous day, said Kuwait Petroleum Corporation (KPC) on Saturday.

According to Kuwait News Agency (KUNA), on a global scale, Brent crude futures went down $1.63 to $71.06 pb, and West Texas Intermediate crude dropped $1.48 to $67.67 pb.

Kuwait and seven other OPEC+ alliance members decided on Thursday to extend the voluntary oil output cut for two months.

Source: Emirates News Agency