Kuwait – Mubasher: The price of Kuwait crude oil on Wednesday lost 80 cents to settle at $44.17 per barrel (pb) from $44.97 pb on Tuesday, according to the latest data issued by the Kuwait Petroleum Corporation (KPC).
At the global level, Nymex crude oil lost 3.7% to reach $44.73 pb, and Brent crude oil retreated 3.5% to $46.74 pb.