Kuwait lowers official selling prices of crude oil for July to destinations worldwide

The pricing table shows that Kuwait has reduced the official selling prices of various categories of crude oil for July shipments to Asia, Europe, and the United States. Kuwait Petroleum Corporation has priced Kuwait's export crude to Asia for July at a premium of $5.25 per barrel over the regional benchmark, compared to a premium of $12.75 per barrel in June. The price of Kuwait's super light crude has remained the same as Kuwait's export crude for the third consecutive month. For July shipments to Northwest Europe and the Mediterranean region, Kuwait's export crude is priced at a premium of $0.40 per barrel, compared to a premium of $8.40 per barrel in June. For July shipments to the United States, Kuwait's export crude is priced at a premium of $11.40 per barrel, compared to $13.40 per barrel in June.