Kuwait: The price of Kuwaiti oil went down by USD 2.71 to USD 99.35 per barrel on Tuesday, as opposed to USD 102.06 per barrel the day before, said the Kuwait Petroleum Corporation (KPC) on Wednesday.

Globally, the prices of the Brent crude and West Texas Intermediate both went down by USD 2.76 and USD 2.88, settling respectively at USD 92.34 pb and USD 86.53 pb.