Kuwait Petroleum Corporation reported on Thursday that the Kuwaiti oil prices fell by US$4.97 on Wednesday to US$76 pb, compared with US$80.97 pb a day earlier.

Kuwait News Agency (KUNA) reports that Brent crude forward contracts on international markets fell by $2.99 pb to $72.33 pb and West Texas Intermediate crude by $3.06 pb to $68.60 a tonne.