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Kuwait oil drops 38 cents Tues. to USD 49.81 pb - KPC

Kuwait oil drops 38 cents Tues. to USD 49.81 pb - KPC
KUWAIT, Dec 16 (KUNA) -- Kuwait oil dropped 38 cents during Tuesday's transactions to close at USD 49.81 per barrel (pb), Kuwait Petroleum Corporation (KPC) said Wednesday.
Benchmark Brent however rose 47 cents to USD 50.76 pb and the West Texas Intermediate gained 63 cents to USD 47.62 pb. (end) km.bs