Kuwaiti oil price down 12 cents to US$48.68 pb
Kuwaiti oil price down 12 cents to US$48.68 pb
Cairo - Mena
The price of Kuwaiti oil dropped by 12 cents to settle at US$48.68 per barrel Monday compared with $48.80 pb last Friday, said Kuwait Petroleum Corporation on Tuesday.
According to Kuwait News Agency, the price of the West Texas Intermediate's future contracts for September delivery went down by US$1.30 to reach $46.57 per barrel, the same case for the Brent crude's future contracts for October delivery, which went down 52 cents to reach $51.89 pb.
Source: WAM
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