Mubasher: Kuwait has increased the official selling price (OSP) for February Kuwait Export Blend Crude (KEC) by 40 cents to become 15 cents per barrel (pb) above the average of Oman and Dubai prices reported by Platts, Reuters said on Tuesday.
The official price for Kuwait Super Light Crude (KSLC) decreased by 20 cents to $1.30 pb premium to the average of Platts Oman and Dubai prices, Reuters added.
“The price changes tracked those set by Saudi Arabia last week,” according to Reuters.