Qatar hikes May crude oil Official Selling Price

London - (Quantum Commodity Intelligence) - Qatar's state-owned petroleum company, Qatar Petroleum, has set its Official Selling Price (OSP) for Qatar Marine crude oil in May at a premium of $1.05/b to the average of Platts Oman and Dubai assessments, an increase of $0.15/b on the month, according to media reports.

The OSP for Qatar's land crude oil has been set at $0.80/b over the Platts Oman/Dubai average, up $0.05/b month-on-month.

Qatar's Al Shaheen crude does not have an OSP, but is typically sold as a differential to Dubai. Al Shaheen is closely watched by traders as it is one of the component grades delivered against the Dubai benchmark, along with Oman, Upper Zakum and Murban.