Mubasher: The price of Kuwait’s crude oil increased by 2.02 cents to settle at $82.61 per barrel (pb) on Tuesday compared to $80.59 pb on Monday, according to the latest data by the Kuwait Petroleum Corporation (KPC).

At the global level, oil prices declined on Tuesday for the first time in four consecutive sessions after registering a fluctuating session, yet prices are close to their highest levels since 2014.