VOL. XLII

No. 07

15-February-1999

KUWAIT

Kuwait Raises March Far East Price Formula

Kuwait痴 KPC has raised the price formula for Kuwait exportcrude (KEC) to Asian customers for March to Oman/Dubai minus 60 cents/B, movingin line with Saudi Arabia痴 crude price increases for March for the Far East (MEES,8 February). The selling prices for European and US customers, which are set ona quarterly basis, remain respectively at Arab Medium plus 20 cents/B andparity with Arab Medium. The following table...