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Business Markets

Kuwait raises April KEC crude price for Asia by 40 centsbbl

OSP for Kuwait Super Light Crude (KSLC) to Asia set at $1.65 a barrel premium



DUBAI: Kuwait has raised the April official selling price (OSP) for Kuwait Export Blend Crude (KEC) by 40 cents (Dh1.47) to plus 55 cents a barrel to the average of Oman and Dubai prices reported by Platts, a document reviewed by Reuters showed on Monday.

The OSP for Kuwait Super Light Crude (KSLC) to Asia was set at a premium of $1.65 a barrel to the average of Platts Oman and Dubai prices.

The KEC prices by region are as follows: Region APRIL Asia Oman/Dubai +$0.55/bbl NW Europe DTD -$4.20/bbl Mediterranean DTD -$2.90/bbl United States ASCI +$0.95/bbl. (Reuters)

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