Kuwaiti oil price up USD 1.04 to USD 42.88 pb

KUWAIT, May 21 (KUNA) — The price for Kuwaiti oil went up Friday by USD 1.04 to settle at USD 42.88 per barrel (pb) after being at USD 41.84 pb the day before, said Kuwait Petroleum Cooperation (KPC) Saturday.
In the global market, prices went down after a hiked US dollar encouraged investors to sell.
The Brent mix price was down nine cents to settle at USD 48.72 pb, a similar case was with the American crude; down 41 cents, to settle at USD 47.75 pb. (end) osj.hb

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