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Kuwait crude oil drops 54 cents on Monday – KPC

Kuwait crude oil drops 54 cents on Monday – KPC
Global oil prices retreated by 2%

Mubasher: The Price of Kuwait’s crude oil declined by 54 cents to settle at $61.14 per barrel (pb) on Monday when compared to $61.68 a barrel on Friday, according to the latest data by Kuwait Petroleum Corporation (KPC).

At the global level, oil prices retreated by 2% in line with worries over the trade agreement between the US and China.