Markets

Kuwait cuts Feb crude prices for Asia

Published January 11, 2022 Updated January 11, 2022 11:18am
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SINGAPORE: Kuwait cut the February official selling prices (OSPs) for two crude grades it sells to Asia from the previous month, a price document reviewed by Reuters showed on Tuesday.

The producer has set February Kuwait Export Crude (KEC) price at $1.80 a barrel above the average of Oman/Dubai quotes, down $1 from the previous month.

It also cut the February Kuwait Super Light Crude (KSLC) OSP to $3.05 a barrel above Oman/Dubai quotes, down $1.30 from January.