11 Sep 2017 - 1:06

Kuwait raises October crude price for Asia


Kuwait has raised the October official selling price (OSP) for its crude oil sold to Asia by 35 cents per barrel from the previous month, an industry source familiar with the matter said yesterday.
Kuwait will sell crude to its Asian customers at a discount of $1.05 a barrel to the average of the Oman/Dubai benchmark prices in October, compared with a discount of $1.40 in September.