Mubasher: The price of Kuwait’s crude oil decreased by 7 cents to reach $52.59 per barrel (pb) on Tuesday compared to $52.66 pb on Monday, according to a the latest data issued by the Kuwait Petroleum Corporation (KPC).

The U.S. Energy Information Administration (EIA) expected on Monday that the output of shale crude oil will increase by 79,000 barrels per day, starting from October.