Qatar Energy sells April al-Shaheen at record premiums – sources

The brand new Qatar Vitality brand is pictured throughout a information convention in Doha, Qatar, October 11, 2021. Qatar Information Company/Handout by way of REUTERS

SINGAPORE, Feb 17 (Reuters) – Qatar Vitality has bought al-Shaheen crude loading in April at file premiums, two commerce sources who monitor the grade carefully mentioned on Thursday.

The 4 cargoes have been bought in a young at a mean premium of $4.44 a barrel to Dubai quotes, a number of commerce sources mentioned, a bounce from $2.67 on common final month.

Subsequently, Qatar Vitality set the April time period worth at a premium of $4.45 a barrel, they mentioned.

Unipec purchased two of the cargoes, the sources mentioned. Patrons for the opposite two cargoes weren’t instantly recognized.

The cargoes are for loading on April 1-2, 21-22, 27-28 and 28-29.

Reporting by Florence Tan
Enhancing by Shri Navaratnam and Sam Holmes

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