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KN:Kuwaiti crude price sheds 49 cents
 
KUWAIT, Oct 14 (KUNA) -- The price of Kuwaiti crude oil shed 49 cents falling to the level of USD 104.62 per barrel on Thursday, compared to USD 105.
11 pb in the Wednesday operations, said the Kuwait Petroleum Corporation on Friday.
Prices of the oil have started falling following a noticeable upward trend over the past days that followed record fall two weeks ago. They have been fluctuating due to various factors.
The oil prices, on Thursday, dropped as a result of reports about inflation in China.
Other factors are the European sovereign debts crisis and jittery sentiments prevailing on the global financial markets. (end) asj.ysa.rk KUNA 141345 Oct 11NNNN
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