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Mubasher: Kuwait oil prices rose by 79 cents on Friday, as shown today by the data of the Kuwait Petroleum Corporation (KPC).
Kuwaiti crude went up to $59.68 per barrel on Friday, compared to $58.87 per barrel on Thursday.
It is worth noting that oil prices increased in global market as data showed a surge in Chinese demand, while news regarding a potential strike in Nigeria led to concerns about Africa’s biggest oil producer and importer.
Source:
Mubasher
