Kuwait raises August crude prices for Asia

Kuwait has also increased the August Kuwait Super Light Crude OSP to $2.25 a barrel above Oman/Dubai quotes.

Kuwait raised the official selling price (OSP) for Kuwait Export Crude (KEC) to Asia in August by 30 US cents from the previous month to $2.25 a barrel above the average of Oman/Dubai quotes, a price document reviewed by Reuters showed on Wednesday.

Also Read | Global oil market fundamentals sound for rest of 2023: Aramco CEO

The producer also increased the August Kuwait Super Light Crude (KSLC) OSP to $2.25 a barrel above Oman/Dubai quotes, 10 cents higher than the previous month.