Kuwaiti oil price up 46 cents to USD 55.99 pb – KPC

The price of Kuwaiti oil moved up by 46 cents to USD 55.99 per barrel (pb) on Wednesday, after it was at USD 55.53 pb last Tuesday, said Kuwait Petroleum Corporation (KPC) Thursday.

Globally, the price of Brent crude went down by 10 cents to USD 55.81 pb, while the West Texas Intermediate increased by 24 cents to USD 52.85 pb.

Source: Kuwait News Agency