Kuwaiti oil price down 64 cents to USD 54.22 per barrel

KUWAIT, Oct 20 (KUNA) -- The price of Kuwaiti crude oil went down 64 cents on Thursday and settled at USD 54.22 per barrel, compared to USD 54.86 per barrel last Tuesday, said Kuwait Petroleum Corporation (KPC) on Friday.
In world markets, oil prices were down yesterday after reports of pressure of expected increase to US oil reserves, and high profit sales in the markets.
Oil crude price Brent mixed was down 92 cents to stand at USD 57.23 while the US crude oil also down 75 cents and settled at USD 51.29 per barrel. (end) asj.mb