Kuwait: The cost of Kuwaiti oil plunged by means of USD 5.16 to USD 110.96 in step with barrel on Wednesday, in comparison with USD 116.12 pb an afternoon previous, mentioned the Kuwait Petroleum Company (KPC) on Thursday.

Globally, Brent crude plummeted by means of USD 2.91 to USD 111.74 pb, because the West Texas Intermediate crude fell by means of USD 3.33 to USD 106.19 pb.