Kuwait cuts Jan crude price to lowest since 2008 -trader, data

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SINGAPORE, Dec 11 (Reuters) - Kuwait set the official selling price (OSP) for its crude oil sales to Asian buyers for January at $3.95 a barrel below the average of Oman/Dubai quotes, a trader said on Thursday. The January OSP is Kuwait's lowest since December 2008, Reuters data showed. Kuwait dropped its price by $1.85 a barrel from the previous month and maintained a 50-cent discount against Saudi Arabia's Arab Medium. (Reporting by Florence Tan; Editing by Ed Davies)

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