KT:Kuwaiti crude price decreases 28 cents to USD 107.31
KUWAIT, June 7 (KUNA) -- The Kuwaiti crude oil price decreased 29 cents per barrel in Monday's trading, hitting the level of USD 107.31 pb compared to USD 107.59 pb on Friday, said the Kuwait Petroleum Corporation (KPC) on Tuesday.
The decrease of oil prices is due to decrease of US currency against other major currencies.
The Organization of Petroleum Exporting Organization declared, Friday, that the price of its basket of crudes increased 53 cents to stabilize at USD 110.
44 pb, from USD 109.91 pb. (end) mam.ysa.hs KUNA 071231 Jun 11NNNN
