Kuwait Petroleum Corporation (KPC) has declared that the Kuwaiti oil stood at $51.46 per barrel on Tuesday, compared to $52.15 per barrel on Monday; declining by 69 cents.
Meanwhile, a survey has forecasted that the American Petroleum Institute and the Energy Information Administration would announce today, Wednesday, that the US crude oil reserves on Friday has witnessed an increase by four million barrels.
Source:
Mubasher