Kuwait: The cost of Kuwaiti oil went down via 55 cents to succeed in USD 116.91 in step with barrel on Wednesday, when compared with USD 117.46 pb an afternoon previous, stated the Kuwait Petroleum Company (KPC) on Thursday.

Globally, Brent crude futures dropped via USD 1.72 to USD 116.26 pb, because the West Texas Intermediate crude fell via USD 1.98 to USD 109.78 pb.