Kuwaiti crude oil price down 26 cents to USD 28.54 pb

(MENAFN- Kuwait News Agency (KUNA)) KUWAIT Dec 30 (KUNA) -- Price of Kuwaiti crude oil went down 26 cents on Tuesday reaching USD 28.54 per barrel in contrast to USD 28.80 pb on Monday said Kuwait Oil Corporation (KPC) on Wednesday.In world markets the oil price moved up on Tuesday more than one dollar despite continuing limited demand and oversupplies amid forecast cold weather in the United States of America and Europe as well as predicted fall of American crude reserves.Brent Blend rose USD 1.27 to USD 37.79 pb followed by the American crude which moved up USD 1.06 settling at USD 37.87 pb. (end) osj.rk