Price of Kuwaiti crude oil went down by USD 0.75 to USD 112 per barrel on Friday compared to USD 112.75 pb the day before, Kuwait Petroleum Corporation said on Saturday. The price of Kuwaiti crude oil decreased due to global market witnessing a turmoil, and market state of oscillation continuing for months, which influenced the prices of oil, as well fears Standard and Poor agency might cut the credit ratings of some Euro countries.