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According to Reuters on October 17 in Singapore, the Middle East crude benchmark price was mixed on Wednesday, Omani crude oil prices rebounded after the premium to Dubai swaps fell to its lowest point this month, while Dubai crude prices changed little
.
The DME Oman premium pair swap rose 16 cents to $1.
71 a barrel as lower premiums in the previous session were likely to attract buyers
.
Qatar Petroleum has sold two cartons of December loaded al-Shaheen crude at a lower premium than the previous month, continuing the weakness in the Middle East market
, the sources said.
They said the company sold 500,000 barrels of cargo at an average premium of $1.
10 to the Dubai quote, down from $
1.
55 last month.
According to Reuters on October 17 in Singapore, the Middle East crude benchmark price was mixed on Wednesday, Omani crude oil prices rebounded after the premium to Dubai swaps fell to its lowest point this month, while Dubai crude prices changed little
.
The DME Oman premium pair swap rose 16 cents to $1.
71 a barrel as lower premiums in the previous session were likely to attract buyers
.
Qatar Petroleum has sold two cartons of December loaded al-Shaheen crude at a lower premium than the previous month, continuing the weakness in the Middle East market
, the sources said.
They said the company sold 500,000 barrels of cargo at an average premium of $1.
10 to the Dubai quote, down from $
1.
55 last month.