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Oil prices have risen significantly, with the price of a barrel of Kuwaiti oil increasing by $10.48 to reach $87.94, compared to $77.46 two days ago. Additionally, Brent crude futures increased by $1.66 to $84.73, and West Texas Intermediate (WTI) U.S. crude rose by $1.55 to $79.34. This surge comes amid Kuwait's faster-than-expected recovery in its oil production.
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