Monday, 15 July 2024 | 00:05
SPONSORS
View by:

QatarEnergy cuts Aug term price for al-Shaheen crude, sources say

Monday, 17 June 2024 | 13:00

QatarEnergy has cut the August term price for al-Shaheen crude to a premium of $1.21 a barrel above Dubai quotes, trade sources said, down from a premium of $1.82 a barrel in July.

The term price was set after QatarEnergy sold three cargoes via a tender, traders said.

Aramco Trading was awarded the first cargo at $1.25 a barrel above Dubai quotes while the second cargo went to P66 at a premium of 90 cents a barrel, they said. A Chinese major took the third cargo at a premium of 80-90 cents a barrel, the traders said.

Separately, QatarEnergy sold an August-loading Qatar Marine cargo to Cathay Petroleum at 30 cents above Dubai quotes and a Qatar Land cargo loading in the same month to Shell at a discount of 20 cents to Dubai quotes, they added.
Source: Reuters (Reporting by Florence Tan, Editing by Tomasz Janowski)

Recent Videos

Hellenic Shipping News Worldwide Online Daily Newspaper on Hellenic and International Shipping
Next article
Back to list
Previous article

Newer news items:

Older news items:

Comments
SPONSORS

NEWSLETTER