Kuwait cuts Sept crude official selling prices for Asia -pricing document

The producer set the September Kuwait Export Crude price at 70 cents per barrel

  
Image used for illustrative purposes. Oil rig workers work on the ChevronTexaco drilling platform January 15, 2003 near the Saudi Arabian border, Kuwait.

Image used for illustrative purposes. Oil rig workers work on the ChevronTexaco drilling platform January 15, 2003 near the Saudi Arabian border, Kuwait.

Getty Images/Joe Raedle

SINGAPORE -

* Kuwait has cut the official selling prices (OSPs) for crude grades sold to Asian refiners in September, a pricing document showed on Thursday

* The producer set the September Kuwait Export Crude (KEC) price at 70 cents per barrel above the average of DME Oman and Platts Dubai quotes, down 35 cents from the previous month

* It set the September Kuwait Super Light Crude (KSLC) OSP at 70 cents a barrel above Oman/Dubai, down 50 cents from the previous month

* The September OSP for Khafji crude was set at 60 cents a barrel above Oman/Dubai, down 30 cents from the previous month

(Reporting By Shu Zhang; Editing by Tom Hogue) ((shu.zhang@thomsonreuters.com; +65-6870-3549; Reuters Messaging: Twitter @shuzhang4))

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