Mubasher: The price of Kuwait’s crude oil lost 68 cents to settle at $47.36 per barrel (pb) on Wednesday, compared to $48.04 on Tuesday, according to the latest data issued by the Kuwait Petroleum Corporation (KPC).
At the global level, Brent crude oil gained 33 cents to reach $50.79 pb, while Nymex crude oil rose by 16 cents to settle at $47.82 pb.
