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Kuwait raises Oct crude price for Asia - industry source
September 10, 2017 / 10:52 AM / 2 months ago

Kuwait raises Oct crude price for Asia - industry source

DUBAI, Sept 10 (Reuters) - Kuwait has raised the October official selling price (OSP) for its crude oil sold to Asia by 35 cents per barrel from the previous month, an industry source familiar with the matter said on Sunday.

Kuwait will sell crude to its Asian customers at a discount of $1.05 a barrel to the average of the Oman/Dubai benchmark prices in October, compared with a discount of $1.40 in September.

Region October

Asia Oman/Dubai -$1.05

NW Europe DTD -$3.65

Mediterranean DTD -$3.35

United States ASCI -$0.40

Reporting by Rania El Gamal; Writing by Noah Browning; Editing by Mark Potter

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