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SINGAPORE: Kuwait has lowered the official selling price (OSP) for Kuwait Export Crude (KEC) to Asia in December to $0.60 a barrel above the average of Oman/Dubai quotes, down 40 cents from the previous month, a price document reviewed by Reuters showed on Monday.
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The producer also cut the December Kuwait Super Light crude (KSLC) OSP to $0.60 a barrel above Oman/Dubai quotes, 40 cents lower than the previous month.