Kuwaiti crude oil falls 45 cents

Kuwait-Mubasher: The price of Kuwait’s crude oil decreased by 45 cents to reach $34.2 per barrel on Wednesday as compared to $34.65 on Tuesday, according to Kuwait Petroleum Corporation.

The reserve of U.S. crude oil increased by 8.8 million barrels in the past week, three times higher than estimates, according to American Petroleum said. 

Mubasher Contribution Time: 24-Mar-2016 08:05 (GMT)