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Kuwait oil price drops

KUWAIT, July 4 (KUNA) -- Price of the Kuwaiti crude oil dropped 66 cents to USD 58.12 per barrel on Friday, as compared to USD 58.78 pb on Thursday, Kuwait Petroleum Corporation (KPC) said on Saturday.
Prices of the Brent crude oil dropped USD 1.7, 2.7 percent, reaching USD 60.32 pb. The American crude prices also fell, USD 1.4, to the level of USD 55.52 pb. (end) mke.rk