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Kuwait oil price up 70 cents to $87.58


KUWAIT: The price of Kuwaiti oil went up by 70 cents to US$87.58 per barrel (pb) on Tuesday compared with 86.88 pb the day before, reported the state news agency (KUNA), citing the Kuwait Petroleum Corporation on Wednesday.

At the global level, the price of Brent crude dropped by $1.00 to 85.01 pb and the West Texas Intermediate dropped by 80 cents to $80.03 pb.

Source: Emirates News Agency