Kuwait – Mubasher: The price of Kuwait’s crude oil decreased $1 to settle at $45.42 a barrel on Wednesday as compared to $46.42 on Tuesday, according to the latest data issued by Kuwait Petroleum Corporation (KPC).

On the global level, Brent crude oil lost 81 cents to reach $49.87 per barrel, and the US crude oil retreated by 78 cents to $49.18.