Qatar raises July Marine crude OSP differential by 15 cents/b, Land by 20 cents/b

Qatar Petroleum has raised the July official selling price differentials of its Marine and Land crude oil grades by 15 cents/b and 20 cents/b, respectively, from June, according to a notice on its website June 9.

The July OSP differential for Qatar Marine was set at $1.15/b against the average of the Platts Dubai and Platts Oman crude assessments in the month of loading, up from $1/b in June.

The Qatar Land OSP differential for July was set at 90 cents/b against the average of Platts Dubai and Oman crude assessments in the month of loading, up from 70 cents/b in June.

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