Kuwait oil price down

KUWAIT CITY, May 11, (KUNA): The price of Kuwaiti oil went down by USD 4.80 to USD 112.42 per barrel on Tuesday a decrease from USD 117.22 pb the day before, said the Kuwait Petroleum Corporation (KPC) Wednesday.

Globally, the price of the Brent crude went down by USD 3.48 to USD 102.46 per barrel, the same with the West Texas Intermediate, which declined by USD 3.33 to USD 99.76 pb.