Kuwait Cuts July Crude OSPs for Asia

Kuwait has cut the official selling price (OSP) for Kuwait Export Crude (KEC) to Asia in July by 40 cents from the previous month to US$1.95 a barrel above the average of Oman/Dubai quotes, a price document reviewed by Reuters showed on Wednesday.

The producer also reduced the July Kuwait Super Light crude (KSLC) OSP to US$1.95 a barrel above Oman/Dubai quotes, 40 cents lower than the previous month.