Kuwait’s oil sold at spe­cific price for all cus­tomers: KPC

Kuwait Times - - LOCAL - KUNA

KUWAIT: The prices of Kuwait’s oil are the same for all cus­tomers at mar­kets and there is no dis­count for any­body, Kuwait Pe­tro­leum Cor­po­ra­tion (KPC) spokesman Sheikh Talal Al-Khaled Al-Sabah said on Thurs­day. The Cor­po­ra­tion works on com­mer­cial bases and an­nounces monthly its prices for cus­tomers at global mar­kets in the Far East, the Mediter­ranean re­gion, North­west­ern Europe and the Amer­i­can Con­ti­nent, he added in a press state­ment. Prices at all mar­kets are set sep­a­rately af­ter con­sid­er­ing sup­ply and demand, de­vel­op­ments and all ef­fec­tive fac­tors, he noted. —

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