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Kuwait oil price drops by 47 cents to USD 70.45 pb

Kuwait oil price drops by 47 cents to USD 70.45 pb
KUWAIT, Sept 24 (KUNA) -- The price of Kuwaiti oil dropped by 47 cents to reach USD 70.45 per barrel on Tuesday, compared to Monday's USD 70.92 pb, the Kuwaiti Petroleum Corporation (KPC) said on Wednesday.
The price of Brent crude and West Texas Intermediate also declined in the global markets by USD 1.06 and USD 1.13 respectively, setting each at USD 67.63 pb and USD 63.41 pb. (end) km.dss