The price of Kuwaiti crude oil went down 48 cents on Wednesday and settled at US$60.35 per barrel, compared to $60.83 per barrel last Tuesday, the Kuwait Petroleum Corporation said on Thursday.

According to the Kuwait News Agency, KUNA, the price of crude oil Brent was down by 65 cents to $63.09 and the US West Texas Intermediate oil was down by 61 cents to $56.58 per barrel.