Kuwait – Mubasher: The price of Kuwait’s crude oil declined by 52 cents to reach $50.64 per barrel on Monday as compared to $51.16 a barrel on Friday, according to the latest data issued by Kuwait Petroleum Corporation (KPC).

At the global level, Brent crude oil gained 41 cents to reach $55.86 per barrel, and West Texas oil rose by 27 cents to $52.64.