Home » Economy » Qatar lowers the price of Al-Shaheen crude loading December by Reuters

Qatar lowers the price of Al-Shaheen crude loading December by Reuters

by Alexandra Hartman Editor-in-Chief

© Archyde.com. The new Qatar Energy logo was captured at a press conference in Doha on October 11, 2022 in a Archyde.com photo from the Qatar News Agency.

SINGAPORE (Archyde.com) – Qatar Energy has cut the price of fixed-term contracts for December-loading Al Shaheen crude, two sources familiar with the matter said on Wednesday, to a premium of 4.19 a barrel over the offered prices for Dubai crude.

This is down from the $5.35 per barrel premium for November loading shipments.

The price was set following Qatar sold three cargoes for loading in December in an instant bid.

(Prepared by Doaa Muhammad for the Arabic Bulletin)

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