Kuwait oil price down by 35 cents to US$78.18 pb

Petroleum

The price of Kuwaiti oil went down by 35 cents to US$78.18 per barrel on Tuesday in contrast with US$78.53 pb the day before, said the Kuwait Petroleum Corporation (KPC) on Wednesday.

According to the Kuwait News Agency (KUNA), the prices of the Brent crude and the West Texas Intermediate at the global market both went up by 43 and 55 cents each to reach $77.44 pb and $73.71 pb, respectively.

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