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Kuwaiti oil hits $87.39

Kuwaiti oil hits $87.39

The price of a barrel of Kuwaiti oil rose to $87.39, an increase of $2.56 from the previous day. This follows a rise in the futures prices of Brent crude to $91.01 and West Texas Intermediate to $84.91. This comes amid improving global demand for oil and rising energy prices, reflecting a recovery in the oil market from the impacts of the COVID-19 pandemic.

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