Kuwait oil price declines

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The price of Kuwait oil went down by US$3.09 on Monday and settled at US$69.95 per barrel (pb), compared to US$73.04 pb last Thursday, said Kuwait Petroleum Corporation.

According to the Kuwait News Agency, KUNA, the price of Brent Blend went up by 1.5 percent to US$74.53 pb, while future contracts of the West Texas Intermediate were up 0.3 percent to US$65.08 pb.

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