[Kuwait Petroleum Corporation Sells 2 Million Barrels of Crude Oil for July Delivery] According to Golden Finance, on June 26, trade sources reported on Friday that Kuwait Petroleum Corporation sold 2 million barrels of crude oil for July delivery through a tender. The producer sold a batch of Kuwait Export Crude (KEC) to an Indian end-user on a free-on-board (FOB) basis, with the price undisclosed. Kuwait Petroleum Corporation is one of the Gulf oil-producing countries recently increasing crude oil sales efforts, following a temporary agreement between the U.S. and Iran to end conflicts and reopen the Strait of Hormuz.