Kuwait Oil Price Down 25 Cents to $70.38 Pb -KPC

KUWAIT -- Price of Kuwaiti oil dropped by 25 cents, reaching US 70.38 per barrel in Wednesday's trading, down from USD 70.63 per barrel on Tuesday, according to the Kuwait Petroleum Corporation on Thursday.

Globally, price of Brent crude dropped by 19 cents to USD 68.52 pb, while West Texas Intermediate crude fell by 14 cents to USD 66.38 pb.

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