Kuwaiti oil barrel drops to USD 71.48 pb

KUWAIT, The price of Kuwaiti oil barrel dropped USD 2.14 to USD 71.48 per barrel on Monday, compared to USD 73.62 pb last Friday, said Kuwait Petroleum Corporation (KPC) on Tuesday.

Meanwhile, oil prices continued to drop in international markets after the huge fall down of prices last Friday.

Brent crude oil went down USD 1.35 to stand at USD 75.09 per barrel and West Texas crude dropped USD 1.66 reaching USD 66.22 pb.

Source: Kuwait News Agency