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Kuwait Oil Price Down 15 Cents to $70.86 Per Barrel


Kuwait city: The price of Kuwaiti oil dropped by 15 cents, reaching US$70.86 per barrel in Wednesday’s trading, down from US$71.01 per barrel on Tuesday, the Kuwait Petroleum Corporation reported on Thursday.



According to Emirates News Agency, Brent crude dropped by 8 cents to $68.51 per barrel, and West Texas Intermediate crude fell by 6 cents to $65.25 per barrel, as reported by the Kuwait News Agency.

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