Qatar cuts May Sakhin crude oil price

On March 14th, Golden Ten Data reported that trade sources said on Friday that QatarEnergy lowered the price of Al Shaheen crude oil to $1.29 per barrel higher than the Dubai price in May. This premium reduction corresponds to the simultaneous decline in Middle East crude oil benchmarks Dubai and Oman prices, reflecting ample supply and weak demand due to maintenance season at Asian refineries.

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