Source: Kuwait Petroleum Corporation sells 2 million barrels for delivery in July
Singapore, June 26 (Reuters) - Kuwait Petroleum Corporation sold 2 million barrels of crude oil via tender for delivery in July, a trading source said on Friday.
The source added that the corporation sold a shipment of Kuwaiti export blend crude to an end user in India at an undisclosed price, on a delivery-on-board (FOB) basis at the port of arrival.
Kuwait Petroleum Corporation is among the Gulf producers that have ramped up their crude oil sales in the past few weeks after the United States and Iran reached a preliminary agreement to end their conflict and reopen the Strait of Hormuz.
