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Kuwait oil down to USD 74.64 pb – KPC

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The Kuwaiti oil price went down one cent to USD 74.64 per barrel on Friday, compared with USD 74.65 pb the previous day, said Kuwait Petroleum Corporation (KPC) on Saturday.

On a global scale, Brent crude futures went down USD 1.63 to USD 71.06 pb, and West Texas Intermediate crude dropped USD 1.48 to USD 67.67 pb.

Kuwait and seven other OPEC+ alliance members decided on Thursday to extend the voluntary oil output cut for two months.

Source: Kuwait News Agency

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