Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Yemen Cuts August Masila Crude Premium to 23 Cents a Barrel

Yemen cut the premium for its Masila blend crude for delivery in August to 23 cents a barrel more than the Dated Brent benchmark, the Arabian Peninsula state’s oil marketing committee said.

China International United Petroleum & Chemical Co., the trader known as Unipec, was the highest bidder for the oil and agreed to buy 2.95 million barrels of the 3.3 million offered, Yemen said in an e-mailed statement today.

Yemen cut the premium used to determine the official selling price of its crude from the level of $1.12 more than Dated Brent set for July. It offered the remaining barrels of Masila available for August at the price set today.

Marib Light crude remained at parity to Dated Brent and Yemen didn’t announce any quantities of the grade for sale. The pipeline carrying crude from the central Marib province has suffered several attacks and had been closed from October to May because of sabotage.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.