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CENTRAL KUWAIT - JANUARY 13: Kuwaiti oil production tanks are reflected in a lake of spilled oil at the Burgan oil field January 13, 2003 in Central Kuwait. The oil field, the largest in the world, was targeted by retreating Iraqi troops in 1991 in a scorched earth campaign ordered by Iraqi president Saddam Hussein. Today most of the facilities at Burgan have been rebuilt and it supplies more than 1.4 million barrrels of oil per day for export. (Photo by Scott Nelson/Getty Images). Image used for illustrative purpose.
KUWAIT: The price of Kuwaiti oil went up by 44 cents to USD 78.43 per barrel on Tuesday as oppose to USD 77.99 pb last Friday, said Kuwait Petroleum Corporation (KPC) on Wednesday.
The prices of the Brent crude and West Texas Intermediate at the global markets had decreased by 28 cents for each benchmarks, settling them respectively at USD 74.49 pb and USD 71.20 pb.
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