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Qatar lowers Nov Marine crude OSP to $109.35/bbl

Published: 07 Dec 2012 - 09:53 am | Last Updated: 05 Feb 2022 - 09:26 pm

TOKYO: Qatar has lowered its November retroactive official selling price (OSP) for Qatar Marine crude to $109.35 a barrel, down 60 cents per barrel from October, a trader said on Friday.
 
That puts the Qatar Marine OSP at a $2.09 per barrel premium to the November Dubai quotes average of $107.26, compared with a $1.08 premium in October.
 
The Gulf Arab state also set the November Qatar Land crude OSP at $110.90/bbl, down $1.05 from October, the trader added.
 
The Qatar Land OSP is at a premium of $3.64 a barrel above Dubai quotes, compared with a $3.08 premium for October. (Reuters)