Kuwait slashed the official selling price (OSP) for Kuwait Export Crude (KEC) to Asia in February by $1.85 from the previous month to $0.25 a barrel above the average of Oman/Dubai quotes, a price document reviewed by Reuters showed on Monday.
The producer also cut the February Kuwait super light crude (KSLC) OSP to $0.65 a barrel above Oman/Dubai quotes, $1.80 lower than the previous month.
Source: Reuters (Reporting by Muyu Xu; Editing by Tom Hogue and David Goodman)