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Kuwait crude oil rises $1.31 on Tuesday – KPC

Kuwait crude oil rises $1.31 on Tuesday – KPC
Brent crude, July futures, went down 1.1%

Mubasher: The price of Kuwait’s crude oil increased by $1.31 to settle at $68.88 per barrel (pb) on Tuesday compared to $67.57 pb on Monday, according to the latest price announced by the Kuwait Petroleum Corporation (KPC).

At the global level, oil prices declined in early Wednesday, as Brent crude, July futures, went down 1.1% to $69.33 pb, while Nymex crude, July futures, fell by 1.3% to $58.36 pb.