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Kuwait increases April KEC crude price by 40 cents/bbl for Asia Region

Kuwait increases April KEC crude price by 40 cents/bbl for Asia Region

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.

By ReutersTFM News

Image used for illustrative purpose. Kuwait Oil Tanker employees oversee the loading of crude oil into the new Kazimah III Oil Tanker at Ahmadi North Pier in Kuwait.
REUTERS/ Stephanie McGehee

DUBAI- Kuwait has raised the April official selling price (OSP) for Kuwait Export Blend Crude (KEC) by 40 cents 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

Source: Reuters

– TFM News

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