25Apr 2019
Thursday

Kuwait oil price down 50 cents to USD 62 pb

Updated : Saturday, 09 February 2019, 08:00:37 AM
The price went down by two percent
Editorial Staff
By Editorial Staff
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KUWAIT CITY(IAMINKUWAIT): The price of Kuwait oil went down by 50 cents to USD 62 per barrel Wednesday after it was at USD 62.50 pb the day before, said the Kuwait Petroleum Corporation (KPC) Friday. 

Globally, the price went down by two percent due to fears of a slowdown in oil demand in the upcoming months. 

At the global level, the price of the Brent crude went down by USD 1.06 to USD 61.63 pb, contrary the West Texas Intermediate, which went up by USD 1.37 to USD 52.64 pb. (end) ad.mah

Courtesy: menafn.com

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CommodityUnitPrice(KWD)Price(USD)Price(INR)Change%
Gold1 Ounce 3881275.4989017.29 0.4%
Gold1 Tolas 145.6478.6433404.43 0.48%
Gold 18K1 Gram 9.3630.772147.43 0.43%
Gold 21K1 Gram 10.9235.92505.33 0.46%
Gold 22K1 Gram 11.4437.612624.63 0.44%
Gold 24K1 Gram 12.4941.062865.53 0.48%
Silver1 Ounce 4.5614.991046.18 3157.14%
Silver1 Gram 0.150.4934.41 -96.67%
Silver1 Kilogram 145.91479.6633475.55 0.7%