Price of Kuwaiti crude oil increased to USD 101.34 per barrel (pb) on Friday, compared to USD 109.93 pb on Thursday, Kuwait Petroleum Corporation (KPC) said on Saturday. Crude prices are mainly within the USD 110 pb range, with some increasing in certain markets and decreasing in others. The oil prices keep changing due to many factors, primarily supply and demand, the European debt issue and the Iranian question.
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