Arab Today, arab today kuwait crude to 10505pbkpc
Last Updated : GMT 10:43:16
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Kuwait crude to $105.05pb - KPC

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Arab Today, arab today Kuwait crude to $105.05pb - KPC

Kuwait - KUNA

Kuwaiti crude oil came down 9 cents on Wednesday and traded for USD 105.05 per barrel (pb) compared to Tuesday\'s rate of USD 105.14 pb, said Kuwait Petroleum Corporation on Thursday.  There is a global decline trend in the oil market under the influence of the US, the world\'s top consumer, announcing peak level in oil reserves this year at a hike of 2.6 million barrels to 384 million barrels by end of last week.  Brent contracts saw a slip of 0.3 percent in London, down to the lowest in two weeks, on the back of drop in global demand and consumption rates for the second month in 2013.

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