Kuwaiti crude oil price went down Wednesday by USD 0.72 to settle at USD 50.78 pb as opposed to USD 51.50 pb Tuesday, said Kuwait Petroleum Corporation (KPC) on Thursday.
The price of Brent mix contracts at the London stock exchange dropped by USD 1.77 to reach USD 54.66 per barrel.
Meanwhile, the US crude price for March delivery at New York Mercantile Exchange (NYMEX) went down by USD 1.18, settling at USD 49.07 per barrel.