Kuwait oil price down 28

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The price of Kuwait's crude oil went down 28 cents to settle at US$52.17 per barrel (pb) Friday compared to $52.45 pb the day before, said Kuwait Petroleum Corporation, KPC, Saturday.

On the global scale, prices were stable at the weekend after instability in markets prior to year-end, the Kuwait News Agency, KUNA, reported.

Brent Blend was up 4 cents to settle at $52.20 pb, as well as the American crude, which was up 72 cents to stand at $45.33 pb.

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