Kuwait oil up by USD 2.11 to USD 103.26 pb
Kuwait - KUNA
Kuwaiti oil prices rose by USD 2.11 to USD 103.26 per barrel (pb) on Wednesday from USD 101.15 pb, according to Kuwait Petroleum Corporation (KPC). The oil price hike is mainly due to recent world economic reports on dwindling US crude stock. The rise, the highest in four weeks, comes at a time when there is high demand for future crude contracts.
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