Kuwait raised the official price of crude oil sold to Asia in June

Kuwait has raised the official prices of three crude oil grades sold to Asian refineries in June, according to a price document released by Reuters on Monday.

Kuwait has set the June export price of Kuwait crude oil (KEC) at $6.00 a barrel lower than the average price of DME Oman and Dubai crude, up $1.80 from the previous month.

The company set June's ultra-light crude oil (KSLC) OSP at $6.50 a barrel lower than the DME average Oman/Pubitalia price, up $1.10 from last month.

The June Khafji OSP was set at $6.00 lower than DME Oman/Pubai average, up $1.80 from the previous month.

Kuwait's OSP rose after saudi arabia, a major oil exporter, raised most of its grade oil sales to asia in june.

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