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Kuwaiti oil price down 49 cents to USD 53.20 pb

Kuwaiti oil price down 49 cents to USD 53.20 pb
KUWAIT, Oct 4 (KUNA) -- The price of Kuwaiti crude oil went down Tuesday 49 cents to USD 53.20 per barrel compared to USD 54.69 per barrel on last Monday, said Kuwait Petroleum Corporation (KPC) on Wednesday.
In world markets, oil prices also went down for the second consecutive day, and during sales speculators reports of high profits in the third quarter of the fiscal year.
Oil crude price Brent mixed was down 12 cents to stand at USD 56.00, while the US crude oil Western Texas also down 16 cents to settle at USD 50.42 per barrel. (end) asj.mb