Kuwait raises the price of its oil

Kuwait raised oil prices for its crude, according to a document showed today, Friday, and this comes at a time when global oil prices are witnessing a recovery.

A document showed that Kuwait set the official selling price for Kuwaiti export crude in July 2021 at $1.25 above the average prices offered for a barrel of Oman crude on the DME, and for a barrel of Dubai crude on Platts, an increase of ten cents from the previous month.

Kuwait also set the official selling price for Kuwait Super Light Crude in July 2021 at $1.60 a barrel over Oman/Dubai, up 45 cents from the previous month.

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