CHENNAI, India: Qatar International Petroleum Marketing Co, or Tasweeq, sold seven 600,000-barrel cargoes of al-Shaheen crude for July loading at slightly lower premiums from the previous month, traders said.
Tasweeq sold July al-Shaheen at $1.1-$1.2 per barrel over Dubai quotes, trading sources said. June cargoes were sold at $1.00-$1.50 a barrel above Dubai, with most of the cargoes traded at premiums between $1.20 and $1.30.
Japanese refiner TonenGeneral Sekiyu, India's Reliance Industries Ltd, and Thailand's PTT were among the buyers, sources said. (Reuters)