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The price of a barrel of Kuwaiti oil recorded a significant rise, reaching $94.71, an increase of $7.32 from the previous day. This comes alongside the upward trend in the futures prices of Brent crude, which reached $94.07, and West Texas Intermediate (WTI), which rose to $86.83. This increase is driven by growing global demand for oil, reflecting a recovery in the oil market and fluctuations in international oil prices.
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