PRECIOUS METALS | Kuwait Sets August OSP for Asian Ultra-Light Crude at $5 a Barrel Discount to Oman-Dubai Average

Kuwait set the August official selling price (OSP) for its ultra-light crude sold to Asia at a discount of $5 per barrel to the average of Oman/Dubai crude. According to Jin10, the pricing was stated as a $5-per-barrel discount versus the Oman/Dubai average.