Qatar Energy raised the price for term cargoes of al-Shaheen crude oil loading in October to a four-month high, trade sources said, as demand for Middle Eastern oil increased after Saudi Arabia prolonged its voluntary supply cut.

The October price was set at $2.10 a barrel above Dubai quotes, up 42 cents from September’s $1.68 a barrel and reaching the highest since June.

The cargoes are to load on Oct. 1-2, 14-15 and 29-30.
Source: Reuters (Reporting by Muyu Xu; Editing by Christian Schmollinger and Sherry Jacob-Phillips)