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QatarEnergy has raised the September term price for al-Shaheen crude to $1.88 a barrel above Dubai quotes, trade sources said, the highest premium in three months.
The term price, up from a premium of $1.21 a barrel for August, was set after QatarEnergy sold three cargoes via a tender, they added.
Glencore bought the first cargo loading on Sept. 1-2 at a premium of $1.90 a barrel, while Totsa purchased the remaining two loading on Sept. 17-18 and 25-26 at a premium of $1.80 a barrel, the sources said.
Separately, Thailand's PTT was awarded the September-loading Qatar Marine and Land crude cargoes via QatarEnergy's tenders at premiums of about 80 cents and 70 cents a barrel, respectively, to Dubai quotes, traders said. -Reuters