Mubasher: The price of Kuwait’s crude oil declined by 68 cents to settle at $74.14 per barrel (pb) on Tuesday, compared to $74.82 pb on Monday, according to the latest data by the Kuwait Petroleum Corporation (KPC).
At the global level, oil prices increased in line with worries over the crude supply.
The US crude oil registered fluctuation on Tuesday, as after settling above the level $75 for the first time since November 2014, Nymex crude oil registered a drop to $72.73 pb before a recovery in the end of the transactions.