Kuwait oil price down 65 cents to $98.16 pb

The price of Kuwaiti oil went down by 65 cents to US$98.16 per barrel on Monday .

Kuwait, The Gulf Observer: The price of Kuwaiti oil went down by 65 cents to US$98.16 per barrel on Monday as opposed to US$98.81 pb last Friday, said Kuwait Petroleum Corporation (KPC) on Tuesday.

At the global level, the price of the Brent crude went up by 65 cents to $92 per barrel, the same with the West Texas Intermediate, which went up by 62 cents to $85.73 pb, reported Kuwait News Agency (KUNA).