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Kuwait oil price down 50 cents to USD 49.41 pb

The price of Kuwaiti oil went down 50 cents to USD 49.41 per barrel on Tuesday after it was at USD 49.91 pb the day before, said the Kuwait Petroleum Corporation (KPC) Wednesday.

At the global level, the price of the Brent crude went down by 60 cents to USD 50.32 per barrel, the same case with the West Texas Intermediate, which went down by 72 cents to USD 47.25 pb.

Source: Kuwait News Agency