
Kuwait Petroleum Corporation (KPC) said on Wednesday price of Kuwaiti oil barrel rose 44 cents on Tuesday reaching USD 102.02 compared to USD 101.58 on Monday.International oil markets had seen rise in oil prices, with the International Energy Agency releasing reports about high energy demands.Price of crude oil in New York Mercantile Exchange (NYMEX) reached USD 99.02 per barrel, its highest rate at USD 100.23 pb and its lowest at USD 98.80 pb.
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