Kuwait: The price of Kuwaiti oil went down by USD 3.33 to USD 120.05 per barrel on Monday compared to USD 123.38 pb last Friday, said the Kuwait Petroleum Corporation (KPC) on Tuesday.

Globally, Brent crude climbed 26 cents to settle at USD 122.27 pb, while the West Texas Intermediate crude edged up by 26 cents, settling at USD 120.93 pb.