Kuwait – Mubasher: The price of Kuwait’s crude oil decreased 31 cents to reach $46.42 per barrel on Tuesday as compared to $46.73 on Monday, according to the latest data issued by Kuwait Petroleum Corporation (KPC).
Brent crude oil gained 67 cents to reach $50.79 a barrel, while the US crude oil increased by 56 cents to reach $49.96.
The American Petroleum Institute reported that oil reserves increased by 4.8 million barrels to reach 471.9 million in the week ended 31 October.
