(MENAFN)On Tuesday, Kuwait Petroleum Corporation (KPC) reported that a decline by USD 1.01 was seen in Monday's price of Kuwait oil which amounted at USD 55.07 pb compared to Friday's USD 56.08 pb.

The Brent crude's forward contracts flatted at USD 53.27 pb, decreased by USD 1.20 as global stock markets closed Monday's trading session.

Amid the same session, a decline by 75 cents to USD 49.57 pb struck the future deals of the West Texas Intermediate crude.

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