VOL. XLII
No. 20
17-May-1999
KUWAIT
Kuwait Raises June Far East Price Formula
Kuwait痴 KPC has increased the price formula for Kuwaitexport crude (KEC) to Asian customers for June by 10 cents/B to Oman/Dubaiminus 60 cents/B. The following table shows the crude price formulas for KEC tothe Far East for the first six months of 1999 and the KEC quarterly prices forEurope and the US for 1Q and 2Q 1999 ($/B):
1999 | |||||||
Jan | Feb | Mar | Apr | May | Jun | ||
KEC Far East | Oman/Dubai | -0.70 | -0.80 | ...
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