Mubasher: The price of Kuwait’s crude oil decreased by 39 cents to $60.46 per barrel (pb) on Tuesday compared to $60.85 pb on Monday, according to the latest data by the Kuwait Petroleum Corporation (KPC).

Globally, Brent crude oil registered a decline on Wednesday in line with anticipation for the OPEC’s monthly report late on Wednesday as well as the U.S. Stock inventories data by the U.S. Energy Information Administration.