Qatar Raises Oil Price for February Loadings

QatarEnergy has reportedly raised the price of its al-Shaheen crude oil blend for February loadings, suggesting robust demand for the grade. Reuters cited unnamed sources familiar with the company’s pricing decisions as saying a barrel of al-Shaheen will in February cost $1.05 per barrel more than the Dubai benchmark. This will be $0.32 per barrel more than the price for al-Shaheen cargos for January loadings. The Reuters sources also said that QatarEnergy had already sold three cargos of al-Shaheen at a higher premium to the Dubai benchmark,…