Mubasher: The price of Kuwait’s crude oil dropped by 99 cents to settle at $66.26 per barrel (pb) on Tuesday, compared to $67.25 pb on Monday, according to the latest data by the Kuwait Petroleum Corporation (KPC).
At the global level, Nymex crude oil’s price went down on Monday’s settlement, registering its lowest level in ten days, amid investors’ concerns over an impending global economic recession.
