0
Kuwait Petroleum Corp (KPC) is offering crude for July delivery via a tender, Reuters reports, citing a document, after lifting force majeure and announcing plans to ramp up output.
The producer is offering Kuwait Export Crude with each cargo at 2 million barrels, according to the document.
They will be sold at a differential to the average Oman and Dubai price quotes on a delivered ex-ship basis, it said.
The tender will close on Tuesday with bids remaining valid until Wednesday.
