Kuwaiti crude down $2.2 to $50.70 per barrel

GMT 20:59 2014 Wednesday ,31 December

Arab Today, arab today Kuwaiti crude down $2.2 to $50.70 per barrel

Kuwait''s crude oil
Kuwait - KUNA

The price of Kuwait's crude oil dropped by USD 2.2 on Tuesday, to USD 50.70 per barrel (pb), compared to USD 52.90 pb on Monday, said Kuwait Petroleum Corporation (KPC) on Wednesday.
International crude prices saw new falls on Tuesday, as Brent hit USD 56.92, its lowest since May 2009, amid fears of oversupply on the market.
The decline also comes amid rising expectations that the crude oil inventory in the US, the world's biggest consumer, will remain unchanged since they hit their highest last July.

Arab Today, arab today
Arab Today, arab today
arabtoday arabtoday arabtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabs, Arab, Arab