Kuwait Times

Kuwait oil price up to $45.38 pb

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The price of Kuwaiti oil was up by 86 cents to $45.38 per barrel Friday after being at $44.52 pb the day before, said the Kuwait Petroleum Corporatio­n (KPC) yesterday. At the global level, the prices were up due to data connected with the decline of US crude reserves. The price of the Brent crude was up to $48.91 per barrel, the same case with the West Texas Intermedia­te, which stood at $46.62 pb. — KUNA

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