Mubasher: The price of the Kuwaiti oil fell by 26 cents to settle at $64.15 by the end of Tuesday’s session from $64.41 on Monday, according to Kuwait Petroleum Corporation's (KPC) official prices.
Globally, oil prices sank by more than 2% on Tuesday, amid tensions of a slowdown in demand.
The US President’s accusation to China of intellectual property theft and currency manipulation contributed to the fall in oil prices.