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Kuwaiti oil price up USD 1.07 to USD 48.76 pb

Kuwaiti oil price up USD 1.07 to USD 48.76 pb
KUWAIT, Aug 22 (KUNA) -- The price of the Kuwaiti oil went up USD 1.07 to reach USD 48.76 per barrel (pb) on Monday compared with USD 47.69 pb last Friday, said Kuwait Petroleum Corporation (KPC) Tuesday.
Meanwhile, the price of the West Texas Intermediate's future contracts for September delivery went down 13 cents to reach USD 48.55 pb, the same case with the Brent Blend's future contracts for October delivery, which went down 25 cents to USD 52.45 pb. (end) mam.hb