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KUWAIT: Kuwait's crude oil price fell $ 1.83 Thursday to $ 64.08 from $ 65.91 a barrel on Wednesday.
In global markets, oil prices have fallen to a seven-week lows after the announcement by US President Donald Trump of a 10% surtax on Chinese products of a value that could reach $ 300 billion starting 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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