VOL. XLIII
No. 02
10 January 2000
KUWAIT
Kuwait Reduces February Far East Formula
Kuwaits KPC has reduced the price formula for Kuwait export crude (KEC) to Asian customers for February by 25 cents/B to Oman/Dubai minus 5 cents/B. The first quarter 2000 price formulas for Europe and the US have yet to be set. The following table shows the price formulas for KEC to the Far East during the second half of 1999 through February 2000 ($/B):
1999 | 2000 | ||||||||||||||||||
Kuwait Export Crude | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | |||||||||||
Far East... |
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