Kuwait oil price down 50 cents to $44.22 pb

KUWAIT: The price of Kuwait oil went down 50 cents to settle at $44.22 per barrel (pb) on Tuesday as opposed to $44.72 pb last Monday, said Kuwait Petroleum Corporation (KPC) yesterday. International markets also saw a decline of the Brent mix for 52 cents to reach $49.83 pb, so as did the American crude, shedding 39 cents to $48.49 pb.

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