Kuwaiti oil price down 67 cents to USD 48.63 pb


(MENAFN- Kuwait News Agency (KUNA)) KUWAIT, Aug 3 (KUNA) -- The price of Kuwaiti oil went down 67 cents to USD 48.63 per barrel (pb) Wednesday after being at USD 49.30 pb the day before, said Kuwait Petroleum Corporation (KPC) Thursday.

The price of the Brent Blend future contracts were down 44 cents to 51.34 pb, so as did the West Texas Intermediate future contracts, shedding 0.9 percent to USD 48.73 for its September delivery. (end) mam.hb

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