(MENAFN- Kuwait News Agency (KUNA)) Kuwait oil price shed 97 cents falling to USD 49.90 per barrel on Tuesday from USD 50.87 pb the day before, Kuwait Petroleum Corporation (KPC) said on Wednesday.
In international markets, crude prices' fall, by 60 percent, has resulted in declining global reserve, by 100 million barrels to 1.7 trillion, according to British Petroleum.
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