Kuwait’s KPC cuts selling price of June crude exports to Asia, Europe; US unchanged
Kuwait Petroleum Corp. dropped its official selling prices for June crude across all grades destined for Asia and Europe, while leaving US prices unchanged, the company said in an email May 11. KPC cut its OSP differential for Kuwait Export Crude’s OSP bound for Asia by $4.95/b to a $4.35/b premium over the average of DME Oman/Platts Dubai crude assessments….