KUWAIT -- The price of Kuwaiti oil went down by five cents to reach 121.77 per barrel on Wednesday, compared to USD 121.82 pb the previous day, according to the Kuwait Petroleum Corporation (KPC) on Thursday.


In global markets, Brent crude dropped USD 2.14 to reach USD 105.63 pb, and US West Texas Intermediate decreased USD 1.16 to reach USD 101.02 pb. 

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