Qatar has set its May retroactive official selling price (OSP) for its Marine crude at $63.05 a barrel, up $5.45 a barrel from the previous month, Qatar News Agency said, following solid demand.
The May price was set at a discount of $0.51 a barrel to the average price for the month of benchmark Dubai crude, 44 cents higher than the previous month.
The Gulf Arab state also set its May Qatar Land crude OSP at $65.35, up $5.25 from the previous month, the state news agency said.
That represents a $1.79 a barrel premium to Dubai crude, up 24 cents from the previous month.
Source: Trade Arabia