11/09/2017 06:26 AST

Kuwait has raised the October official selling price (OSP) for its crude oil sold to Asia by 35 cents per barrel from the previous month, an industry source familiar with the matter said yesterday.

Kuwait will sell crude to its Asian customers at a discount of $1.05 a barrel to the average of the Oman/Dubai benchmark prices in October, compared with a discount of $1.40 in September.


The Peninsula

Ticker Price Volume
QNBK 123.01 258,855
SABIC 100.60 653,920
SALAMA 20.90 61,115
BURUJ 34.50 15,272
WALAA 26.80 7,281
TRADEUNION 21.04 18,985
SOLIDARITY 20.14 28,887
(In US Dollar) Change Change(%)
Brent 55.62 0.15 0.27
WTI 49.89 0.00 0.00
OPEC Basket 53.63 0.71 1.34
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Crude oil prices have been volatil

Saudi Gazette

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Bloomberg

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Reuters

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Bloomberg

Another Bullish Oil Sign

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