|19 August, 2019

Qatar sells 4 Oct al-Shaheen crude cargoes at lower premiums - sources

Qatar Petroleum has also set the term price for October-loading cargoes at a premium of $1.81 a barrel to Dubai quotes

A petroleum refinery of Qatar Petroleum stands on October 26, 2011 near Umm Sa'id, Qatar. Image for illustrative purposes.

A petroleum refinery of Qatar Petroleum stands on October 26, 2011 near Umm Sa'id, Qatar. Image for illustrative purposes.

Getty Images/Sean Gallup

SINGAPORE  -

* Qatar Petroleum QATPE.UL has sold four cargoes of al-Shaheen crude, loading in October, at an average premium of $1.71 a barrel to Dubai quotes, down from 1.82 a month prior, two traders said on Monday

* Qatar Petroleum has also set the term price for October-loading cargoes at a premium of $1.81 a barrel to Dubai quotes, down from $1.84 a month earlier, the sources said

* The four cargoes are to load on Oct. 1-2, Oct. 16-17, Oct. 28-29 and between Oct. 29 and Oct. 30

* Shell bought two cargoes, while Chevron purchased one cargo, traders said. The buyer of the last cargo remains unknown

(Reporting By Shu Zhang, Editing by Sherry Jacob-Phillips) ((shu.zhang@thomsonreuters.com; +65-6870-3549; Reuters Messaging: shu.zhang.thomsonreuters.com@reuters.net; Twitter @shuzhang4))

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