The price of Kuwaiti oil went down 87 cents to US$108.37 per barrel on Tuesday, compared with US$109.24 pb since last Friday, said the Kuwait Petroleum Corporation (KPC) Wednesday.

According to the Kuwait News Agency (KUNA), the price of the Brent crude at the global market was also down by US$7.61 to US$99.49 per barrel, the same with the West Texas Intermediate, which went down by US$8.25 to US$95.84 pb.