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Kuwaiti oil plunges to $40.66

Kuwaiti oil plunges to $40.66

 

Kuwait – Mubasher: Kuwait Petroleum Corporation (KPC) announced today that the price per one barrel of Kuwaiti oil retreated on Monday by $0.85 to $40.66, down from $41.51 on Sunday.

The Kuwaiti government approved its budget for the fiscal year 2015-2016 and calculated the price per barrel at $45 per barrel.

 

Photo Credit: Arabianeye-Reuters