Price of Kuwait crude oil per barrel dropped by USD 1.24 to stand at USD 71.92 pb in Wednesday's trading compared to USD 73.16 pb on Tuesday, Kuwait Petroleum Corporation (KPC) said on Thursday.
In international oil markets, the Brent crude oil price dropped in futures by 58 cents, to reach USD 77.75 pb in London Stock Exchange, while in the New York Mercantile Exchange (NYMEX), the US crude oil fell by 40 cents to reach USD 73.69 pb.