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Kuwait oil price drops to US$79.80 pb

KUWAIT: The Price of Kuwait oil dropped by 93 cents to settle at US$79.80 per barrel on Friday vis a vis US$80.73 pb on Thursday, Kuwait Petroleum Corporation said on Saturday. According to Kuwait News Agency (KUNA), in international markets, forwards of Brent crude oil rose by $1.17 to reach $78.76 pb while those of the West Texas Intermediate crude climbed by $1.62 to settle at $73.81 a barrel. Source: Emirates News Agency

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