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Roundup: Oil prices tumble no cause for concern about Kuwait's economy: oil experts

By Yin Ke

Thursday, 07 Jul 2022 | 5:25 AM MYT

KUWAIT CITY, July 6 (Xinhua) -- There is no immediate concern for the economy of Kuwait after oil prices in the global market took a nosedive this week, oil analysts in the country said.

As mounting concerns about a worldwide recession outweighed supply issues, oil prices plummeted on Wednesday, extending Tuesday's heavy losses.

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