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SINGAPORE (Archyde.com) – Kuwait lowered its official selling prices in October for two crudes it sells to Asia from the previous month, a document seen by Archyde.com showed on Friday. Kuwait set the price of Kuwaiti export crude in October at 3.80 a barrel, above the average prices offered for Oman crude on the DME and Dubai crude on Platts, compared to $ 7.80 a barrel in September. It also reduced the official selling price of Kuwait Super Light Crude in October by $4.60 to $6.45 a barrel, above the Oman/Dubai price.
(Prepared by Mustafa Saleh for the Arabic Bulletin)
