Price of Kuwaiti crude oil went down by USD 1.17 to USD 102.04 per barrel (pb) on Monday against USD 103.21 pb the day before, the Kuwait Petroleum Corporation (KPC) said on Tuesday.
The international markets are affected with geopolitical developments, particularly the in the resources-rich Middle East region and Ukraine.
US crude September delivery was traded at the New York bourse, Monday, at USD 98.03 pb while the Brent crudes stood at USD 104.61 pb, down 42 cents.