Kuwait oil price falls to USD 59.26 pb
(MENAFN- Kuwait News Agency (KUNA)) KUWAIT, Jan 31 (KUNA) -- Kuwait crude oil fell by USD 1.76 to USD 59.26 per barrel (pb) Thursday compared to USD 61.02 pb the day before, Kuwait Petroleum Corporation (KPC) said Friday.
Outbreak of the coronavirus in China, the world's second largest oil consumer, caused the oil prices to fall.
price of the Brent crude went down 64 cents, or 1.09 percent, to USD 58.27 pb, the same case with the West Texas Intermediate, which went down 56 cents, or 1.05 percent, to reach USD 52.77 pb. (end)
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Outbreak of the coronavirus in China, the world's second largest oil consumer, caused the oil prices to fall.
price of the Brent crude went down 64 cents, or 1.09 percent, to USD 58.27 pb, the same case with the West Texas Intermediate, which went down 56 cents, or 1.05 percent, to reach USD 52.77 pb. (end)
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