Tasweeq Said to Sell Al-Shaheen Crude Oil for Loading in June

Qatar International Petroleum Marketing Co., known as Tasweeq, sold nine cargoes of Al-Shaheen crude for June, totaling 5.4 million barrels, at premiums of 70 cents to $1.20 a barrel more than benchmark Dubai oil, said six traders who participate in the market, declining to be identified because the information is confidential. The buyers included international oil producers and an Indian refiner, three of the traders said.

Details of the offer are as follows:

Crude:       Al-Shaheen
Price:       Premiums of 70 cents to $1.20 a barrel above Dubai
Quantity:    9 x 600,000 barrels
Loading:     June 2-3, 6-7, 8-9, 11-12, 12-13, 16-17, 19-20,
             22-23, 26-27

To contact the reporter on this story: Ramsey Al-Rikabi in Singapore at ralrikabi@bloomberg.net

To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net

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