Kuwaiti oil price drops to US$74.38 pb

KUWAIT: The price of Kuwaiti oil barrel dropped US$4.64 to US$74.38 per barrel (pb) on Tuesday compared with Wednesday's US$79.02 pb, said Kuwait Petroleum Corporation (KPC) on Thursday. According to the Kuwait News Agency (KUNA), in the international markets, the Brent Crude went up by US$1.02 to US$74.26 pb, whilst the West Texas intermediate dropped 86 cents to US$69.47 pb. Source: Emirates News Agency