Kuwait oil price down by 73 cents to USD 47.83 pb

KUWAIT– The price of Kuwaiti oil was down by 73 cents to USD47.83 per barrel Thursday after being at USD48.56 pb the day before, said Kuwait Petroleum Corporation Friday.

According to Kuwait News Agency, KUNA, the price of the Brent crude went down by 14 cents to USD51.68 pb as well as the American light crude also decreased by 37 cents to USD49.25 pb.

Source: Emirates News Agency