
Kuwaiti oil price rose to USD 105.34 per barrel (pb) on Wednesday, compared to USD 105.22 pb on the day before, Kuwait Petroleum Corporation (KPC) said on Thursday. Meanwhile, contracts for European benchmark Brent crude was stable despite the decrease in US Federal Reserve its stimulus program Wednesday. The American contracts for February increased by USD 1.19, settling at USD 109.63 per barrel, the same case with the contracts of the American light crude which went up 58 cents to USD 97.80 pb.
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