The price of Kuwaiti oil went down Monday by USD 33 cents to settle at USD 43.05 per barrel after being at USD 43.38 per barrel the day before, said Kuwait Petroleum Corporation (KPC) Tuesday.

    The price of oil on the global scale went down by five percent after citizens in the UK voted in favor of leaving the EU.

    The World Bank warned that this decision will have a negative effect on global economic growth.