Kuwaiti Oil Goes For $112.93 Per Barrel

Kuwait Petroleum Corporation KPC announced a 10.65 percent hike in Kuwait oil prices in trading Wednesday, compared to Tuesday's price of $102.31 a barrel. Al-Rai says Brent crude futures rose $7.96 to $112.93 a barrel while US West Texas intermediate WTI crude futures rose $7.19 to $110.60 per barrel on global markets.

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