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KUWAIT -- The price of Kuwaiti oil dropped by USD 1.02 to USD 70.65 per barrel (pb) on Wednesday, compared to USD 71.67 pb on Tuesday, Kuwait Petroleum Corporation (KPC) said on Thursday.
In global markets, Brent crude increased by 83 cents to USD 68.05 pb, while West Texas Intermediate also went up by 90 cents to USD 64.15 pb.
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