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Kuwait’s crude oil declines 25 cents on Monday – KPC

Kuwait’s crude oil declines 25 cents on Monday – KPC
Global oil prices increased following the geopolitical tension

Mubasher: The price of Kuwait’s crude oil decreased by 25 cents to settle at $78.28 per barrel (pb) on Monday compared to $78.53 pb on Friday, according to the latest data by the Kuwait Petroleum Corporation (KPC).

At the global level, oil prices increased following the geopolitical tension in line with worries over the impact of the US sanctions on Iran.