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Kuwait’s crude oil drops 27 cents on Tuesday – KPC

Kuwait’s crude oil drops 27 cents on Tuesday – KPC
Global crude oil prices rose on Tuesday

Mubasher: The price of Kuwait’s crude oil decreased by 27 cents to settle at $78.01 per barrel (pb) on Tuesday compared to $78.28 pb on Monday, according to the latest data by the Kuwait Petroleum Corporation (KPC).

Global crude oil prices rose on Tuesday in line with worries over the US sanctions against Iran which are expected to be implemented starting from 4 November 2018.