Qatar Petroleum has sold four cargoes of al-Shaheen crude for October delivery, at an average premium of $1.71 a barrel to Dubai quotes, down from 1.82 a month prior, Reuters reported citing traders.
It should be noted that the four cargoes will be loaded on October 1-2, October 16-17, October 28-29, and October 29-30.
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.
Shell bought two cargoes, while Chevron purchased one cargo. The buyer of the last cargo remains unknown.