Mubasher: The price of Kuwait’s crude oil increased by 82 cents to settle at $51.61 per barrel on Wednesday, compared to $50.79 on Tuesday, according to the latest data issued by Kuwait Petroleum Corporation (KCP).
At the global level, Brent crude oil retreated by 0.59% or 33 cents to reach $53.56 a barrel, by 4:15 GMT.
Oil futures edged down 0.5% or 28 cents to reach $56.53 per barrel.
