Qatar lowers crude price

The Gulf state also set the January Qatar Land at $4.00 lower than the previous month. (Shutterstock)

Qatar has set its January retroactive official selling price (OSP) for Qatar Marine crude at $106.10 a barrel, down $4.15 from December, traders said on Friday.

The Gulf Arab state also set the January Qatar Land crude OSP at $108.90, or $4.00 lower than the previous month.

The latest OSP puts Qatar Marine's premium to Dubai quotes at $2.08 a barrel, down 31 cents from a month earlier, and Qatar Land's premium to Dubai at $4.88, down 16 cents from December.
 

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Last Update: Wednesday, 20 May 2020 KSA 09:42 - GMT 06:42
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