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KUWAIT (KUNA) – The price of a barrel of Kuwaiti oil fell from $ 1.555 on Thursday to $ 64.6 against $ 65.91 per barrel on Wednesday, according to the price announced by Kuwait Petroleum Corporation.
In world markets, oil prices fell yesterday to their lowest level in about seven weeks after US President Donald Trump's comments on a 10% additional tariff on Chinese goods, a value that could to reach $ 300 billion as of September 1st.
The Brent crude futures closed at a low of $ 4.55 to settle at $ 60.55 per barrel, while the US WTI futures contracts closed down $ 4.63. at $ 53.95 a barrel.
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