Kuwait Raises January Crude Price to Asia to 65 Cents Premium

Kuwait Petroleum Corp. raised its official price for crude sold to Asia in January by 35 cents to a premium of 65 cents a barrel to benchmark grades Oman and Dubai, according to a document faxed to buyers in the region.

To contact the reporter on this story: Christian Schmollinger in Singapore at christian.s@bloomberg.net

To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net

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