Kuwaiti oil hits $105.91 per barrel
The price of a barrel of Kuwaiti oil rose to $105.91, an increase of $1.32 compared to the previous day, according to the Kuwait Petroleum Corporation. Meanwhile, the futures contracts for Brent crude decreased to $102.25, and the futures contracts for U.S. West Texas Intermediate also declined to $91.11. Additionally, the Mutrebah Kuwaiti field produces 1.5 million barrels of oil and 2 billion cubic feet of gas annually.
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