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Kuwaiti oil barrel increases by 45 cents

The price of a Kuwaiti oil barrel increased by 45 cents to reach $75.65 in trading on Friday, compared to $75.20 in trading Thursday, according to the price announced by the Kuwait Petroleum Corporation.

In global markets, Brent crude rose by $2.80, to reach $75.30 a barrel, while US West Texas Intermediate crude rose by $2.78, to reach $71.34, reports Al-Rai daily.

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