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The price of a barrel of Kuwaiti oil dropped to $103.13, down $1.04 from the previous day, according to the Kuwait Petroleum Corporation. In the global market, Brent crude futures rose to $109.86, an increase of $3.94, while U.S. West Texas Intermediate futures climbed to $101.41, up by $3.44. The decline in Kuwaiti oil prices follows previous gains that reached $106.23 two days ago.
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