VOL. XLI
No. 24
15-June-1998
KUWAIT
Kuwait's July Price Formula Remains Unchanged
Kuwait's KPC has left the price formula for Kuwait export crude (KEC) for Julyunchanged from the June price of Oman/Dubai minus $1.15/B. KPC introduced this pricingformula for its Asian customers beginning with April shipments (MEES, 16 March).The following table shows the crude price formulas for KEC for April, May, June and July1998 ($/B):
| 1998 | ||||
| Apr | May | Jun | Jul | |
| KEC | -1.45 | -1.30 | -1.15 | -1.15 |
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