Kuwaiti crude oil price falls $2.34 to $106.96 per barrel

The price of Kuwaiti crude oil fell by $2.34 to $106.96 per barrel in Tuesday's trading, compared with $109.30 in Monday's trading, according to prices announced by the Kuwait Petroleum Corporation.

In global markets, Brent crude futures declined by $1.09 to $99.25 per barrel, while U.S. West Texas Intermediate (WTI) crude futures dropped by 79 cents to $94.99 per barrel.