Price of Kuwaiti crude oil dropped by 53 cents settling at USD 105.10 per barrel (pb) on Wednesday compared to USD 105.63 pb in Tuesday\'s trades. The crude was traded in New York trade market at low levels, amid rise of the American crude reserves to the highest level since 15 weeks ago. These reserves rose 5.2 million barrels leading to the drop in demand. Forward crude contracts for November stood at USD 96.89 pb in the New York market while the Brent crude contracts reached USD 108.63 pb.