Qatar raises Feb land crude OSP by 40 cents/b from Jan, marine OSP by 50 cents

Singapore — Qatar Petroleum raised the February official selling price differentials of its Land and Marine crude by 40 cents/b and 50 cents/b, respectively, from January, according to a notice on its website Jan. 11.

The February OSP differential for Qatar Marine was set at 70 cents/b against the average of Platts Dubai and Platts Oman crude assessments in the month of loading, up from 20 cents/b in January.

The Qatar Land OSP differential for February was set at 40 cents/b against the average of Platts Dubai and Platts Oman crude assessments in the month of loading, up from parity in January.

Qatar Petroleum started issuing OSP differentials on a prospective basis since March 2020, prior to which its OSPs were set on a retrospective basis.