• HSBC

Qatar to roll back crude oil supply cut

  • Qatar: Monday, July 06 - 2009 at 09:29

Qatar Petroleum has said it will supply full contracted volumes of crude oil to term customers in Asia in August, rolling back a 15% cut imposed in July on one of its grades, Bloomberg has reported. Last month, the company had pledged full volumes of its Qatar Land grade for July, but cut Qatar Marine shipments by 15%, traders at two refiners who hold one-year contracts said.

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