Mubasher: The price of Kuwait’s crude oil increased by 34 cents to settle at $66.96 per barrel (pb) on Tuesday compared to $66.62 pb on Monday, according to the latest data by the Kuwait Petroleum Corporation (KPC).
At the global level, oil prices rose during Wednesday amid anticipation for the disclosure of the US crude inventories, with estimates for the reserves to decline.
On Tuesday, the American Petroleum Institute announced a decrease of 2.6 million barrels in crude inventories for the week ended on 8 March.
