Business & Finance

Kuwait oil price down USD 1.21 to USD 58.52 pb

KUWAIT, Kuwait crude oil price lost USD 1.21 of its value during Thursday’s transactions to close at USD 58.52 per barrel (pb) against USD 59.73 pb the day before, Kuwait Petroleum Corporation (KPC) said Friday.

Brent futures went up two cents to close at USD 57.71 pb, while Western Texas Intermediate (WTI) dropped 19 cents to reach USD 52.45 pb.

Source: Kuwait News Agency