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Qatar cuts official selling prices of Asian crude oil for June

 Last Update: 2022-11-26
 Source: Internet
 Author: User

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Qatar has cut its offshore crude June-retroactive official selling price to $74.
10 per barrel, down from $74.
94 a barrel last month, state news agency Qatar News Agency (QNA) reported
.

That pushed the difference between the official selling price of Qatar's offshore crude 51 cents a barrel higher than the Dubai quote and 3 cents
lower than last month.

Qatar also set its official selling price of Qatari onshore crude at $76.
15 per barrel in June, down from $77.
05 per barrel last month
.

Traders had expected the official price premium to Dubai to fall sharply due to
weak Asian demand last month.

Traders said a lower-than-expected price correction could allow Qatari spot to trade
at a discount for the second month in a row.

Qatar has cut its offshore crude June-retroactive official selling price to $74.
10 per barrel, down from $74.
94 a barrel last month, state news agency Qatar News Agency (QNA) reported
.

crude

That pushed the difference between the official selling price of Qatar's offshore crude 51 cents a barrel higher than the Dubai quote and 3 cents
lower than last month.

Qatar also set its official selling price of Qatari onshore crude at $76.
15 per barrel in June, down from $77.
05 per barrel last month
.

Traders had expected the official price premium to Dubai to fall sharply due to
weak Asian demand last month.

Traders said a lower-than-expected price correction could allow Qatari spot to trade
at a discount for the second month in a row.

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