SINGAPORE: Kuwait raised the official selling price (OSP) for Kuwait Export Crude (KEC) to Asia in April by 30 cents from the previous month to 55 cents a barrel above the average of Oman/Dubai quotes, a price document reviewed by Reuters showed on Tuesday.
Oil up as Middle East tensions persist, demand concerns cap gains
The producer also raised the February Kuwait super light crude (KSLC) OSP to 90 cents a barrel above Oman/Dubai quotes, 20 cents higher than the previous month.
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