QatarEnergy has trimmed the term price for Al-Shaheen crude oil loading in December, trade sources said on Wednesday, tracking spot market levels this month.
The December term price was set at $1.93 a barrel to Dubai quotes, 16 cents a barrel lower than the $2.09 a barrel for the previous month, they said.
QatarEnergy sold three cargoes at premiums between $1.53 and $1.96 a barrel to Dubai quotes to TotalEnergies, Aramco Trading and Exxon Mobil, the sources said. The cargoes are to load on December 1-2, 26-27 and 27-28.
Separately, QatarEnergy sold a December-loading Qatar Marine crude cargo to Unipec at 60-70 cents a barrel above Dubai quotes and a Qatar Land crude cargo to Vitol at a premium of 80-90 cents a barrel, the sources said. -Reuters