VOL. XXXV
NO. 24
16-MARCH-1992
Kuwait
Kuwait Raises 2Q Price Formula by 15 Cents/B
Kuwait has notified its Far Eastern term crude customers of a 15-cent/Bincrease in its pricing formula for the second quarter, MEES learns. Kuwait's 2Qpricing formula will be Oman/Dubai minus $1.20/B compared with minus $1.35/B in1Q.
Kuwait's 2Q formula is in line with similar increases of 15 cents/B in theprices of Arab Medium and Iranian Heavy crudes, which are comparable in qualityto Kuwait Export.
Kuwait currently...
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