VOL. XLII

No 41

11-October-1999

KUWAIT

Kuwait Increases November Far East Price Formula

Kuwait痴 KPC has increased the price formula for Kuwaitexport crude (KEC) to Asian customers for November by 50 cents/B to Oman/Dubaiplus 5 cents/B. The following table shows the crude price formulas for KEC tothe Far East during 1999 and the KEC quarterly prices for Europe and the US for1Q, 2Q and 3Q 1999 ($/B):

1999

Kuwait Export Crude

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

...