The price of Kuwaiti oil was down 68 cents and stands at US$47.36 per barrel (pb) in yesterday's trading, after being US$48.04 pb in Tuesday's trading, the Kuwait Petroleum Corporation, KPC, said earlier today.

According to the Kuwait News Agency, KUNA, globally, oil prices were up slightly.

The price of Brent crude went up 33 cents to stand at US$50.79 pb. as well as West Texas crude also up 16 cents to US$47.82 pb

source : wam