Kuwaiti Oil Falls by $4.70 Per Barrel

The price of a barrel of Kuwaiti oil fell by USD4.70, reaching USD75.77 per barrel in trading yesterday, Monday, compared to USD80.47 in trading last Friday, according to the price announced by the Kuwait Petroleum Corporation. In global markets, the settlement price of Brent crude futures fell 51 cents to USD76.30 a barrel, while US West Texas Intermediate crude futures fell 58 cents to USD72.94. Source: Qatar News Agency