Kuwaiti crude price down 46 cents to $103.02 per barrel
Kuwait - KUNA
Kuwaiti oil price went down 64 cents, reaching USD 103.02 per barrel (pb) in Wednesday's trades, compared to USD 103.48 pb the day before, Kuwait Petroleum Corporation (KPC) said in a statement Thursday. Crude prices were affected by the US Information Energy Administration report, which was published yesterday and indicated the historic rise of US oil reserve in 83 years. Crude oil futures in the New York Mercantile Exchange (NYMEX) last night reached an average price of USD 101.57 pb.
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