Mubasher: The price of Kuwait’s crude oil declined by $1.76 per barrel (pb) on Thursday, compared to the day earlier.  

Kuwait’s crude oil settled at $59.26 pb on Thursday, against $61.02 pb on Wednesday, according to the Kuwait News Agency.

Brent crude futures went down by $0.64 to hit $58.27 pb, while Nymex WTI lost $0.56 to reach $52.77 pb.