Kuwait Oil Price Down 15 Cents to USD 70.86 per Barrel

Kuwait city: Price of Kuwaiti oil dropped by 15 cents, reaching USD 70.86 per barrel in Wednesday's trading, down from USD 71.01 per barrel on Tuesday, according to the Kuwait Petroleum Corporation on Thursday.

According to Kuwait News Agency, globally, the price of Brent crude dropped by 8 cents to USD 68.51 per barrel, while West Texas Intermediate crude fell by 6 cents to USD 65.25 per barrel.