Kuwait Oil Price Drops USD 2.16 to USD 70.63 Per Barrel

Kuwait city: Kuwait oil price dropped USD 2.16 to USD 70.63 per barrel on Tuesday, compared to Monday's USD 72.79 pb according to Kuwait Petroleum Corporation (KPC) on Wednesday.

According to Kuwait News Agency, on a global level, Brent Crude decreased 50 cents to USD 68.71 per barrel as West Texas Intermediate also dropped 46 cents to USD 66.52 per barrel.