A pricing document seen by “Archyde.com” showed that Kuwait raised The official selling price of two types of crude oil that it sells to Asiain May to record levels.
Kuwait set the price of Kuwaiti export crude for May at $9.30 a barrel, above the average price of Oman and Dubai crude, up $4.50 from the previous month.
The price of Kuwait Super Light Crude for the month of May also increased to $9.65 a barrel above the price of Oman/Dubai, an increase of $3.70.
