Price Of Kuwaiti Oil Breaks The $100 Barrier

According to the Kuwait Petroleum Corporation, the price of a barrel of Kuwaiti oil jumped by $4.18 to $102.31 a barrel in trading yesterday, Tuesday, compared to $98.13 a barrel in trading the day before.

Brent crude futures rose $7 to $104.97 a barrel on global markets, while US West Texas Intermediate crude rose $7.69 to $103.41, according to Al-Rai daily, citing KUNA.

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