Qatar Raises December Crude Prices

Shakeel Ahmad
Tuesday, November 9, 2021

Qatar Petroleum raised the official selling prices (OSP) of its marine and land crudes in December, a pricing document posted on its website showed on Tuesday.

Qatar marine was set at a premium of $2.20/barrel over the Dubai/Oman crudes average and Qatar land was priced at a premium of $2.55/barrel over the same benchmark.

In November the OSP for marine crude was set at a premium of $1.30 and land crude at a premium of $1.35.

Qatar's move comes after Saudi Arabia's state-owned oil producer Aramco raised last week its December official selling price to Asian customers, suggesting demand remains strong at a time of tighter supplies.

(Reporting by Shakeel Ahmad, Editing by Louise Heavens)

Categories: Energy Middle East Industry News Activity Production

Related Stories

Sapura Scoops Petrobras Contract for Pan-Malaysia Offshore Services

CRC Evans Secures Work at Qatar’s Largest Offshore Oil Field

CNOOC Starts Production at Another Oil Field in South China Sea

Nong Yao C Development Bolsters Valeura’s Production Rates Off Thailand

CNOOC Starts Production from Deepwater Gas Project in South China Sea

TotalEnergies Extends LNG Supply Agreement with CNOOC Until 2034

Allseas Hooks $180M Pipeline Installation Job Offshore Philippines

ADES Buys Two Jack-Ups from Vantage Drilling in $190M Deal

A Hydrogen Balancing Act in Offshore Energy

Valeura Set to Restart Wassana Production Offshore Thailand

Current News

Velesto Completes Removal of Wrecked Naga 7 Jack-Up Rig Off Malaysia

BP Greenlights $7B CCUS Scheme Tied to Indonesia LNG Facility

Sapura Scoops Petrobras Contract for Pan-Malaysia Offshore Services

Velesto’s Drilling Rigs Up for Automatization Overhaul Under New Tech Alliance

US Firm Finds Chinese Partner to Deliver Mobile Offshore Drilling Units

TotalEnergies and Oil India to Jointly Tackle Methane Emissions Issues

Keppel Reclaiming Control of 13 Rigs to Cash In on Offshore Drilling Market's Growth

Global Offshore Wind Stumbles to the End of '24

Seatrium Delivers Fifth Jack-Up to Borr Drilling

Malaysia's FPSO Firm Bumi Armada Eyes Merger with MISC’s Offshore Unit

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com