QatarEnergy has set the term price for al-Shaheen crude oil loading in November at the highest in five months, on firm demand for Middle East crude in Asia ahead of peak winter fuel consumption. The November term price was set at $2.09 a barrel to Dubai quotes, $1.22 a barrel higher than the previous month. QatarEnergy sold two spot cargoes via a tender, with Aramco Trading and Unipec purchasing the cargoes at premiums above Dubai quotes. Additionally, QatarEnergy sold one Qatar Land crude cargo to Japanese refiner Idemitsu and awarded a Qatar Marine crude cargo to Eneos at premiums above Dubai quotes.
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