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The price of Kuwaiti oil per barrel increased by $2.80, reaching $84.56 during Thursday's trading, despite oil heading for a weekly loss. In the global markets, the futures contracts for Brent crude rose by $1.86 to reach $89.70, while US West Texas Intermediate (WTI) crude futures declined by $1.30 to $83.53. Tensions with Iran continue throughout the week, while Bloomberg reported that Saudi Arabia has increased its oil shipments from Gulf ports.
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