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.
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.
Source: Reuters (Reporting by Florence Tan and Siyi Liu in Singapore; Editing by Kim Coghill)