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Yemen cuts July Masila crude OSP to $1.22/bbl premium

Published: 06 May 2013 - 09:02 am | Last Updated: 03 Feb 2022 - 10:44 am

SINGAPORE: Yemen has set the official selling price (OSP) of its Masila crude for loading in July at a premium of $1.22 a barrel to dated Brent, down 30 cents from the previous month, its government said late on Sunday.

Unipec U.K. bought the entire 2.1 million barrels of Masila crude offered by Yemen, the government said in a statement.

The government also set the July OSP for Marib Light crude at parity to dated Brent, unchanged from June.

National refiner Aden Refinery Co will buy the entire 1.8 million barrels of Marib Light crude for July. (Reuters)