The price of Kuwaiti oil plummeted 53 cents to USD 75.55 per barrel (pb) on Friday, compared with USD 76.08 pb the day before, said the Kuwait Petroleum Corporation (KPC) on Saturday. The price of the Brent crude and West Texas Intermediate fell respectively by 39 cents and three cents to settle each at USD 74.49 per barrel and 71.92 pb. Source: Kuwait News Agency