Economy

Kuwait Raises Crude Oil Price for Asia

Kuwait Raises Crude Oil Price for Asia

A pricing document, seen by Reuters today, Monday, showed that Kuwait has raised the official selling price for its crude oil exports heading to Asia in July by 25 cents compared to the previous month, setting a premium of $1.95 per barrel over the average prices of Oman/Dubai. The oil-producing country set the official selling price for its super light crude for July at a premium of $2.15 over Oman/Dubai prices, an increase of 35 cents from the previous month.

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