Kuwait – Mubasher: The price of one Kuwaiti oil barrel decreased in Tuesday’s trading session to $49.42, losing 31 cents, according to the Kuwait Petroleum Corporation (KPC).
The price per barrel (pb) of Kuwaiti rose on Monday by 46 cents to $49.73 pb.
In international markets, oil prices levelled up due to sudden production disruptions in the North Sea, according to Kuwait News Agency (KUNA).
Brent crude prices gained $1.05, recording $54.17 pb, while Nymex crude increased 79 cents reaching $51.03 pb, according to KUNA.
Globally, investors are awaiting the Energy Information Administration’s (EIA) data on US oil inventories.