The price of Kuwaiti crude oil went down 49 cents Wednesday to settle at US$52.71 per barrel, compared to $53.20 per barrel last Tuesday, said Kuwait Petroleum Corporation on Thursday.

According to Kuwait News Agency, oil crude price Brent mixed was down by 20 cents to $55.80, while the US crude oil Western Texas also down by 44 cents to settle at $49.98 per barrel.