Brent crude price drops to $63.13/barrel

Brent crude oil recorded a marginal drop in price on Tuesday, as it shed $1.64 to close at $63.13 per barrel.

Figures from international crude prices showed that the commodity traded for $64.64 per barrel the preceding day.

But OPEC basket crude appreciated in price on Tuesday, as it halted the marginal fall in price recorded on Monday.

OPEC basket crude traded for $65.3 per barrel on Tuesday, rising by $0.91 when compared to the price it went for the preceding day.

It had traded for $63.39 per barrel on Monday.