Mubasher: The price of Kuwait’s crude oil increased by 86 cents to settle at $75.52 per barrel (pb) on Tuesday compared to $74.66 pb on Monday, according to the latest data by the Kuwait Petroleum Corporation (KPC).
Globally, oil prices declined in line with the investors’ anticipation for developments regarding Iran and Venezuela.
The price of the US crude oil decrease by the end of the trades after it has achieved the highest level in three years and a half.
