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Read More »Kuwait to raise gasoline prices to make up oil revenue drop
Bloomberg Kuwait’s government approved an increase in prices of gasoline sold locally by as much as 83 percent, becoming the latest oil-rich Arab nation to cut subsidies as lower crude prices squeeze finances. The OPEC member will raise the price of the lowest octane gasoline by 42 percent to 85 fils per liter (30 cents) starting September, local media …
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