SINGAPORE: Qatar has set its February retroactive official selling price (OSP) for its Marine crude at $63.40 a barrel, down $3.55 from the previous month, a source with knowledge of the matter said on Tuesday
Qatar also set the February OSP for Qatar Land at $65.50 a barrel, down $3.60 from the previous month, the source said
OSP differentials to Dubai quotes for Qatar Marine fell 8 cents, while that for Land crude was down 13 cents
The price cuts were smaller than expected as the grades traded at wider discounts last month, traders said
This could put downward pressure on differentials for May-loading cargoes which will trade later this month, they said
The following table shows the latest OSPs and their differentials to Dubai in brackets.
Source: Brecorder.com
