The price of Kuwaiti crude oil dropped 66 cents to reach $57.35 per barrel on Tuesday’s trades, compared to $58.01 on Monday, said Kuwait Petroleum Corporation (KPC).

Brent crude for June delivery fell by $1.37 or 2.16% to settle at $62.08 a barrel.

The American crude for May delivery retreated by $1.12 or 1.99%, settling at $55.26 per barrel.