Kuwait - Mubasher: The price of Kuwaiti oil declined 22 cents, Kuwait Petroleum Corporation (KPC) said on Wednesday.
Kuwait’s crude registered $48.35 per barrel (pb) on Tuesday, compared to $48.57 pb on Monday, as reported by the Kuwait News Agency (KUNA).
Prices in global markets also had a slight dip yesterday, with increase in production in Libya and doubts that the latest OPEC-non-OPEC agreement would not be strong enough to limit international offer, according to KUNA.