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Kuwait crude oil down Tuesday – KPC

Kuwait crude oil down Tuesday – KPC
Photo Credit: Arabianeye-Reuters

Kuwait – Mubasher: The price of Kuwait’s crude oil lost 33 cents to settle at $50.28 per barrel (pb) on Tuesday, compared to $50.61 on Monday, according to recent data issued by the Kuwait Petroleum Corporation (KPC).

It is worth noting that the Organization of Petroleum Exporting Countries (OPEC) and non-OPEC members are expected to hold a meeting on Thursday in Vienna to discuss extending the oil reduction agreement.