Kuwait oil price falls to $43.51 | kuwaittimes

Kuwait oil price falls to $43.51

October 15, 2015 | 09:22 p.m EDT

KUWAIT: Kuwait oil price in Wednesday’s trades dropped 84 cents to USD 43.51 per barrel as compared to $44.35 pb on Tuesday, Kuwait Petroleum Corporation said yesterday. Oil prices had dropped since the International Energy Agency (IEA) cautioned of continuing market glut this year and 2016, despite a weak dollar which moved down to the lowest level in three week, thus trimming oil prices’ losses. —KUNA

October 15, 2015 09:22 PM

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