KUWAIT, Dec 8 (KUNA) -- The price of Kuwaiti crude oil was up 99 cents on Thursday to trade at USD 109.85 per barrel (pb), up from last Wednesday USD 108.86 pb, said Kuwait Petroleum Corporation (KPC) on Thursday.
The hike of crude prices is due to American Petroleum Institute expectations of US crude dropping to USD 1.25 million as well as forecasting the EU in banning crude oil from Iran. (end) mam.ysa.hs KUNA 081019 Dec 11NNNN
