Kuwaiti crude oil fell USD 1.24 to settle at USD 103.67 per barrel (pb) on Friday, compared with USD 104.91 pb the day before, said Kuwait Petroleum Corporation (KPC) on Saturday.
Kuwaiti crude kept on dropping for the third day consecutively amid fluctuation in global oil prices due to the financial crisis in Cyprus.
The Brent futures for May delivery closed the last trading session rose 19 cents at USD 107.66. In NYMEX; meanwhile, the prices of the US crude oil went up by USD 1.26 yesterday with the light crude futures for May delivery settling at USD 93.71 pb. (end) asj.ysa.nfm KUNA 231229 Mar 13NNNN