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A barrel of Kuwaiti oil trades at $112.93

The price of a barrel of Kuwaiti oil rose by $10.65 to $112.96 a barrel in trading, Wednesday, compared to $102.31 a barrel in trading earlier, according to the price announced by the Kuwait Petroleum Corporation. Al-Rai quoting KUNA said in global markets, Brent crude futures rose $7.96 to $112.93 a barrel, while US West Texas Intermediate crude futures rose $7.19 to $110.60.

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