Kuwait announces new prices for its oil



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Kuwait announces new prices for its oil

Reuters

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Today, Wednesday, a document showed that Kuwait increased the official selling prices of two crudes it sells to Asia in September 2021, compared to August 2021.

Kuwait set the price of Kuwaiti export crude in September 2021 at $ 2.35 per barrel, higher than the average prices offered for Oman crude on the DME and for Dubai crude on “Platts”, i.e. a increase of 30 cents from the previous month.

It also raised the official sale price of Kuwait Super Light Crude in September 2021 to $ 3.15 a barrel versus Oman / Dubai, up 55 cents from the previous month.

The increase in the price of Kuwaiti export crude is ten cents higher than that of average Saudi crude in the same month.

Source: Reuters



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