(MENAFN- Qatar News Agency) Price of Kuwaiti crude oil dipped 93 cents to USD 101.08 per barrel (pb) on Thursday compared to USD 102.73 pb the previous day, Kuwait Petroleum Corporation (KPC) said in a statement on Friday according to Kuwait news agency (KUNA).
Crude oil prices shot down at world markets on Thursday against the backdrop of US economic recovery reports and investors' concerns over the US Federal Reserve's incentive reduction decision, added the statement.
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