Mubasher: The price of Kuwait’s crude oil decreased by 11 cents to settle at $65.89 per barrel (pb) on Wednesday compared to $66 pb on Tuesday, according to the latest data by the Kuwait Petroleum Corporation (KPC).

At the global level, oil prices rose on Thursday in line with anticipation for data on the US crude inventories.

It is noteworthy that Nymex crude has registered the highest level in 2019 on Wednesday when it settled at $57.55 pb.