Qatar sells July al-Shaheen at higher premiums
Singapore, May 17, 2012
Qatar International Petroleum Marketing Company, or Tasweeq, sold eight cargoes of July loading al-Shaheen crude at premiums slightly higher than in the previous month.
The 600,000-barrel cargoes were sold at between $1 and $1.20 a barrel above Dubai quotes, about 30 -50 cents higher than June loading barrels.
Buyers for the Qatar barrels included ExxonMobil, Chevron, Reliance and SK Energy, traders said. – Reuters