Kuwait oil price down to USD 88.46 pb

The price of Kuwaiti oil went down 43 cents to reach USD 88.46 per barrel on Wednesday as opposed to USD 88.89 last Tuesday, said the Kuwait Petroleum Corporation (KPC) on Thursday. On a global scale, the price of the Brent crude futures' contracts went up by USD 1.10 to USD 87.34 pb, as did the West Texas Intermediate, going up USD 1.07 to USD 83.88 pb. Source: Kuwait News Agency