Trade sources said QatarEnergy sold at least 7 mln bbl of various Qatar crude grades via tender for October loading. Several parcels were offered FOB at about $6-7/bbl premium to Dubai crude and will be ship-to-ship loaded outside the Strait of Hormuz. Reliance Industries bought three 1 mln-bbl parcels — Qatar onshore, Qatar offshore and Shahin crude — FOB at a $15/bbl discount to Dubai and will load inside the Strait of Hormuz.

2026-08-28

Trade sources said QatarEnergy sold at least 7 mln bbl of various Qatar crude grades via tender for October loading. Several parcels were offered FOB at about $6-7/bbl premium to Dubai crude and will be ship-to-ship loaded outside the Strait of Hormuz. Reliance Industries bought three 1 mln-bbl parcels — Qatar onshore, Qatar offshore and Shahin crude — FOB at a $15/bbl discount to Dubai and will load inside the Strait of Hormuz.