Kuwait oil price up 70 cents to USD 87.58 pb

The price of Kuwaiti oil went up by 70 cents to USD 87.58 per barrel on Tuesday compared with USD 86.88 pb the day before, said the Kuwait Petroleum Corporation (KPC) on Wednesday. The price of the Brent crude at the global markets dropped by USD 1.00 to USD 85.01 per barrel, the same occurred with the West Texas Intermediate, which dropped by 80 cents to USD 80.03 pb. Source: Kuwait News Agency