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FinancialNews


  • 04-09-18

    Qatar reduces August retroactive OSP for Marine crude

    (MENAFN) Qatar was unveiled to have reduced its August retroactive official selling price (OSP) for its Marine crude to hit USD72.90 a barrel.

    This figure is a cut from the USD73.55 per barrel set for July 2018, as shown in a document the company released and Reuters reviewed.

    The move pushed the August OSP differential for Qatar Marine to hit 41 cents per barrel above Dubai quotes, a decreased from 2 cents a barrel registered a month ago.

    Qatar was also confirmed to have situated its August Qatar Land crude OSP at USD74.00 per barrel, a decline from the USD75.25 set in the previous month.

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