VOL. XLII
No. 02
11-January-1999
KUWAIT
Kuwait Reduces February Price Formulas
Kuwaits KPC has reduced the price formula for Kuwait export crude(KEC) to Asian customers for February to Oman/Dubai minus 80 cents/B. The selling pricesfor European and US customers, which are set on a quarterly basis, have been fixedrespectively at Arab Medium plus 20 cents/B and parity with Arab Medium. The followingtable shows the crude price formulas for KEC for the end of 1998 and beginning 1999 ($/B):
1998 | ... |
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