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Proofreader – Sources: Qatar Petroleum sells Al Shaheen crude for download in August at an instant premium

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  2. Proofreader – Sources: Qatar Petroleum sells Al Shaheen crude for download in August at an instant premium

18 Jun 2020

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Proofreader – Sources: Qatar Petroleum sells Al Shaheen crude for download in August at an instant premium

(To correct the sale in the first paragraph of discount to premium)

SINGAPORE (Reuters) – Qatar Petroleum sold two shipments of Al-Shaheen crude for download in August, at an average premium of $ 1.56 a barrel to the prices offered for Dubai crude through an immediate monthly bid, three commercial sources said on Thursday.

The sources added that the buyers of the two shipments with a volume of 500 thousand barrels are probably Mitsui and Cosmo, which paid immediate bonuses by about $ 1.40 and $ 1.70, respectively.

The two shipments were offered for download during August 2 and 3 and August 29 and 30 of the same month.

The sources added that Qatar Petroleum also set the price of Al Shaheen crude in August for buyers with fixed-term contracts at a premium of $ 1.69 a barrel to the prices offered for Dubai crude.

Last month, Qatar Petroleum sold two shipments of Al-Shaheen crude for download in July, with an average discount of $ 2.70 a barrel to the prices offered to Dubai through an immediate monthly bid

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Technical Economic Consulting Company was established in 2012, it was established by a team of investment professionals to become one of the leading investment companies to provide the best management consulting services to local international companies and institutions. Since its inception, the company has continuously expanded to become one of the largest leading consulting firms in the region through its branches located in the Arab world as well as representative offices in Europe.

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