Kuwait crude oil gains 63 cents to stand at $107.22
Kuwait - KUNA
Kuwait crude oil went up 63 cents in yesterday's trading to close the day at USD 107.22 per barrel (pb) after being at USD 106. 59 pb the day before, Kuwait Petroleum Corporation (KPC) said Saturday. The global price for crude oil was on the rise in yesterday's trading due to the decline in exchange rates for the US dollar on the background of negative economic statistics on the sales houses in America. Kuwait is member of the Organization of Petroleum Exporting Countries (OPEC).
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