Mubasher: The price of Kuwait’s crude oil declined by 64 cents on Tuesday, according to the latest data by the Kuwait Petroleum Corporation (KPC).
The Kuwaiti oil decreased to $61.03 per barrel (pb) on Tuesday compared to $61.67 pb on Monday.
At the global level, oil prices rose by nearly 4% early Tuesday, as the Nymex crude -July Futures- added 3.8% to $53.90 pb.
Similarly, Brent crude -August futures- levelled down by 2.1% to $62.23 pb.
