The price of Kuwait crude oil per barrel went down by 94 cents to stand at USD 81.26 pb on Monday compared to USD 82.20 the day before, said Kuwait Petroleum Corporation (KPC) here on Tuesday.
Global oil prices have fallen this week amid forecasts that the OPEC could not intervene to stop the drain of oil prices ahead of a planned meeting in Vienna on November 27.
World oil and stock markets are anticipating Chinese growth data which show the slowness of the world's second-largest economy and second-largest oil consumer at a rate of 7.2 percent in the third quarter of 2014 compared to 7.5 percent growth in the second quarter.