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The price of a barrel of Kuwaiti oil rose to $106.23, an increase of 16 cents from the previous day, according to the Kuwait Petroleum Corporation. In global markets, futures contracts for Brent crude increased by 37 cents to reach $106.06, while US West Texas Intermediate (WTI) contracts went up by 95 cents to $95.09. This rise reflects market balance and the support provided by OPEC+ to ensure the flow of oil through the protection of strategic passages.
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