QP sells April-loading al-Shaheen crude at small premiums on average-sources

Qatar Petroleum (QP) has sold three cargoes of April-loading al-Shaheen crude at an average premium of about 4 cents a barrel to Dubai quotes via a spot tender awarded this week, three trade sources said on Thursday.

Two of the three cargoes were sold at a discount, while one was sold at a premium of more than 40 cents a barrel to Dubai quotes, two of the sources said.

The buyers of the cargoes were not immediately known.

The three 500,000-barrel cargoes were offered to load over April 1-2, April 13-15, and April 23-26.

QP also set the al-Shaheen crude price for term buyers at a premium of 39 cents a barrel to Dubai quotes.

Last month, QP sold three cargoes of March-loading al-Shaheen crude at an average premium of $2.60 a barrel to Dubai quotes via a spot tender.
Source: Reuters (Reporting By Shu Zhang; editing by Uttaresh.V)