Trade sources said on Friday Kuwait Oil Co sold 2 million barrels of July-delivery Kuwait Export Crude (KEC) via tender, on-board delivery to an Indian end-user; price was not disclosed. The sale is part of a recent push by Gulf producers to increase

2026-06-26

Trade sources said on Friday Kuwait Oil Co sold 2 million barrels of July-delivery Kuwait Export Crude (KEC) via tender, on-board delivery to an Indian end-user; price was not disclosed. The sale is part of a recent push by Gulf producers to increase crude sales after the US and Iran reached a temporary agreement to end hostilities and reopen the Strait of Hormuz.