Middle East Crude-Benchmarks mixed; QP issues monthly tenders

  • Date: 14-Oct-2020
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:GCC
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Middle East Crude-Benchmarks mixed; QP issues monthly tenders

SINGAPORE- Middle East crude benchmarks Oman and Dubai were mixed on Monday amid lingering concerns over demand.Qatar Petroleum (QP) has issued its monthly sell tenders, offering three cargoes of al-Shaheen crude, loading Dec. 2-3, Dec. 11-12 and Dec. 29-30, as well as December-loading Low Sulphur Condensate (LSC) and Deodorized Field Condensate (DFC).The QP tenders will close on Wednesday with bids valid until Thursday.ONGC has offered a cargo of Russian Sokol crude, loading Dec. 18-24, via its second spot tender closing on Friday with same-day validity.Kuwait has set the official selling price (OSP) for Kuwait Export Crude (KEC) at 50 cents per barrel below the average of DME Oman and Platts Dubai quotes for Asian refiners, unchanged from the previous month, a pricing document showed. Iran has set the November OSP of