VOL. XLI

No. 46

16-November-1998

KUWAIT

Kuwait Cuts December Price Formula

Kuwaits KPC has lowered the price formula for Kuwait export crude(KEC) to Asian customers for December by 15 cents/B to Oman/Dubai minus 55 cents/B. Thefollowing table shows the crude price formulas for KEC for the April-December period 1998($/B):

1998

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

KEC

-1.45

-1.30

-1.15

-1.15

-1.10

-0.60

-0.45

-0.40

-0.55

Copyright 1998 Middle East...