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Kuwait oil price down USD 1.44 to USD 41.96 pb

Kuwait oil price down USD 1.44 to USD 41.96 pb
KUWAIT, Nov 29 (KUNA) -- The price of Kuwaiti oil went down USD 1.44 to hit USD 41.96 per barrel on Monday after being at USD 43.40 pb last Friday trading, said Kuwait Petroleum Corporation (KPC) Tuesday.
Crude oil prices rose yesterday through fluctuating deals, following the statements of Iraqi Oil Minister in which he said he was optimistic that the meeting of the Organization of Petroleum Exporting Countries (OPEC) tomorrow Wednesday in Vienna would result in an agreement to decrease production.
US crude oil deals went up in New York's Mercantile Exchange (NYME) 78 cents to trade at USD 46.88 pb after previously dropping to reach USD 45.16 pb.
Meanwhile, Brent crude mix climbed 81 cents to trade at USD 49.08 pb. (end) mam.lb