Kuwait - Mubasher: Kuwait’s crude oil slipped 94 cents at the closing of Tuesday’s session to reach $40.97 per barrel, compared to $44.22 on Monday, according to the price released by the Kuwait Petroleum Corporation (KPC).
The retreat in US crude oil prices continued yesterday and it is expected to carry on due to the decrease in American reserves.
Oil prices went up on Wednesday morning in Asian markets, as the effect of declining US reserves cooled down, according to analysts.
