Petronas sells Bertam crude to Shell

by Theleaders-Online | July 25, 2019 2:59 am

SINGAPORE: Petronas has awarded a tender of September-loading Bertam crude at a premium of more than US$5 a barrel above dated Brent, two trade sources told Reuters yesterday.

Royal Dutch Shell is believed to be the final buyer of the 325,000-barrel cargo, the sources said

Earlier this year, Petronas sold 300,000 barrels of Bertam crude to Shell at a premium of around $5.50 a barrel above dated Brent.

Reuters

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