Kuwait oil price plummets USD 7.86 to USD 112.81 pb

– The price of Kuwaiti oil plummeted by USD 7.86 to settle at USD 112.81 per barrel on Monday in contrast with USD 120.67 pb last Friday, said the Kuwait Petroleum Corporation (KPC) on Tuesday.

Globally, Brent crude climbed USD 1.01 to USD 114.13 pb, while the West Texas Intermediate crude edged up by 61 cents, settling at USD 110.17 pb.

Source: Kuwait News Agency