VOL. XLII

No. 37

13-September-1999

KUWAIT

Kuwait Increases October Far East Price Formula

Kuwait Petroleum Corporation (KPC) has increased the priceformula for Kuwait export crude (KEC) to Asian customers for October by 30cents/B to Oman/Dubai minus 45 cents/B. The following table shows the crudeprice formulas for KEC to the Far East during 1999 and the KEC quarterly pricesfor Europe and the US for 1Q, 2Q and 3Q 1999 ($/B):

1999

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

...