SINGAPORE: Kuwait has cut the official selling price (OSP) for Kuwait Export Crude (KEC) to Asia in August by 70 cents from the previous month to $1.25 a barrel above the average of Oman/Dubai quotes, a price document reviewed by Reuters showed on Friday.

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The producer also reduced the August Kuwait Super Light crude (KSLC) OSP to $1.35 a barrel above Oman/Dubai quotes, 60 cents lower than the previous month.