Mubasher: The price of Kuwait’s crude oil lost 4 cents to reach $47.29 per barrel on Monday from $47.33 on Friday, according to the latest data issued by the Kuwait Petroleum Corporation (KPC).
At the global level, Brent crude oil dropped 33 cents to settle at $50.47 a barrel, and West Texas crude oil fell by 41 cents to reach $47.65 per barrel.