VOL. XLI
No. 50
14-December-1998
KUWAIT
Kuwait Reduces January Price Formula
Kuwaits KPC has reduced the price formula for Kuwait export crude(KEC) to Asian customers for January by 15 cents/B to Oman/Dubai minus 70 cents/B. Thefollowing table shows the crude price formulas for KEC for the second half of 1998 andJanuary 1998 ($/B):
1998 | 1999 | ||||||||
Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | ||
KEC | -1.15 | -1.15 | -1.10 | -0.60 | -0.45 | -0.40 | -0.55 | -0.70 |
Copyright 1998 Middle...
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