KUWAIT, Aug 24 (KUNA) -- Price of a Kuwaiti crude oil barrel fell 89 cents to USD 60.76 Friday against USD 61.65 Thursday, Kuwait Petroleum Corporation (KPC) said on Saturday.
In global markets, crude oil prices turned bearish after China declared USD 75 billion worth of tariffs on American products including the oil.
Brent crude contracts ended the trading session bearishly, dropping by 58 cents and settling at USD 59.34 per barrel.
Contracts of the American crude oil fell USD 1.18 to settle at USD 54.17 pb. (end)