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|11 January, 2019

Kuwait raises Feb crude prices to Asia -document

The February Kuwait Export Blend Crude price was set at 25 cents a barrel below the average of Platts Oman and Dubai prices

Image used for illustrative purpose. Crude oil is dispensed into a bottle in this illustration photo June 1, 2017.

Image used for illustrative purpose. Crude oil is dispensed into a bottle in this illustration photo June 1, 2017.

REUTERS/Thomas White

SINGAPORE - Kuwait has raised the February official selling prices (OSPs) for two crude oil grades it exports to Asia, a document reviewed by Reuters showed on Friday.

The February Kuwait Export Blend Crude (KEC) price was set at 25 cents a barrel below the average of Platts Oman and Dubai prices, up 10 cents, while the OSP for Kuwait Super Light Crude (KSLC) rose 40 cents to a $1.50 a barrel premium.

The price changes tracked those set by Saudi Arabia last week.

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(Reporting by Florence Tan; editing by Richard Pullin) ((Florence.Tan@thomsonreuters.com; +65 6870 3497; Reuters Messaging: florence.tan.thomsonreuters.com@reuters.net))

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