Platts Oman News Today

Seven Core Crude Oil Grades to Help Purchasers Measure Cost of Emissions Offsets NEW YORK and LONDON , July 17, 2023 /PRNewswire/ -- S&P Global Commodity Insights, the leading independent provider...

Qatar lowers June Marine crude OSP differential by 5 cents/b, Land by 10 cents/b Qatar Petroleum has lowered the June official selling price differentials of its Marine and Land crude oil grades by 5 cents/b and 10 cents/b, respectively, from May, according to a notice on its website May 10. The June OSP differential for Qatar Marine was set at $1/b against the average of the Platts Dubai and Platts Oman crude assessments in the month of loading, down from $1.05/b in May. The Qatar Land OSP dif...

Qatar raises May Marine crude OSP differential by 15 cents/b on month Qatar Petroleum has lifted the May official selling price differentials of its Marine and Land crude oil grades by 15 cents/b and 5 cents/b, respectively, from April, according to a notice on its website April 9. The May OSP differential for Qatar Marine was set at $1.05/b against the average of the Platts Dubai and Platts Oman crude assessments in the month of loading, up from 90 cents/b in April. The Qatar Land OSP differen...

Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The May OSP differential for Qatar Marine was set at $1.05/b against the average of the Platts Dubai and Platts Oman crude assessments in the month of loading, up from 90 cents/b in April. The Qatar Land OSP differential for May was set at 80 cents/b against the average of Platts Dubai and Oman crude assessments in the month of loading, up from 75 cents/b in April. The April OSP ...

Commodity Tracker: 6 charts to watch this week Continuing the theme of strong commodity prices in early 2021, this week’s Tracker considers spikes and rallies across several products: rhodium, styrene and ethanol. Meanwhile, China shows enthusiasm for a new crude grade from Iraq; Japanese utilities stock up on LNG and Europe runs down its gas in storage. 1. Supply-constrained rhodium to potentially see more upside after all-time high What’s happening? Rhodium base prices have surged above $...

China’s state-run refineries, modern integrated plants embrace new Iraqi Basrah Medium crude China is poised to receive about 21 million barrels of the new Iraqi crude grade Basrah Medium by mid March, with most of these shipments expected to be processed by the country’s integrated refining complexes and newly built plants, according to latest shipping data and refining industry sources with close knowledge of the matter. In January, Iraq’s State Oil Marketing Organization introduced the...

Iraq’s SOMO raises March OSPs, with biggest hikes for Europe-bound crude Iraq’s State Oil Marketing Organization issued its March official selling prices, with a hike in differentials for all Europe-bound grades, while those for the US and Asia saw slight increases, according to a company notice dated Feb. 10. For Asian buyers, SOMO set the March OSP for the new Basrah Medium crude at a discount of 15 cents/b to the monthly average of Platts Oman and Dubai assessments, an increase of 10 cen...

Qatar raises February Marine, Land crude official selling prices Qatar Petroleum has set the February official selling price (OSP) for its Marine crude at 70 cents a barrel above the average of Platts Oman and Dubai quotes, up 50 cents from the previous month, a pricing document showed on Monday. The February OSP for Qatar Land crude was set at 40 cents a barrel above the Platts Oman/Dubai average, up 40 cents from the previous month, the document showed. Source: Reuters (Reporting By Shu Zhang...

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