Kuwait oil price drops $2.47 to $59.94 pb

The price of Kuwaiti oil dropped by US$2.47 to US$59.94 per barrel (pb) on Monday as opposed to US$62.41 pb last Friday, said the Kuwait Petroleum Corporation (KPC) on Tuesday.The prices of the Brent crude and West Texas Intermediate were down each by $1.06 and $1.16 to settle both at $60.23 per bar...