Kuwait oil price down to USD49.56 pb

KUWAIT, — The price of Kuwaiti oil went down to settle at USD49.56 per barrel yesterday after being at USD51.37 pb last Wednesday, said Kuwait Petroleum Corporation on Friday.

According to Kuwait News Agency, KUNA, the Brent crude price was up six cents and stood at USD52.99 per barrel, but West Texas Intermediate was down 17 cents to settle at USD50.27 pb.

Source: Emirates News Agency