Kuwait crude oil nosedives $3.26 Wed. to USD 64.33 pb - KPC

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Oil prices rebounded with more than four percent after US President Donald Trump announced yesterday a 90-day suspension of tariffs on all countries except on imports from China which rose to 125 percent

Staff Writer, Kuwait News Agency (KUNA)

April 10, 2025

PHOTO
KUWAIT - JANUARY 15: The sun sets behind a oil derek January 15, 2003 near the Saudi Arabian border, Kuwait. Kuwait produces 10% of the worlds oil and has promised to increase production as needed in the event of a war in Iraq. (Photo by Joe Raedle/Getty Images). Image used for illustrative purpose.

Kuwait: Kuwait crude oil nosedived USD 3.26 during Wednesday trading to reach USD 64.33 per barrel compared with USD 67.59 pb the day before, Kuwait Petroleum Corporation (KPC) said Thursday.
Brent futures rose USD 2.66 to USD 65.48 pb and West Texas Intermediate gained USD 2.77 to USD 62.35 pb.
Oil prices rebounded with more than four percent after US President Donald Trump announced yesterday a 90-day suspension of tariffs on all countries except on imports from China which rose to 125 percent.

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