QP cuts oil prices 1% in June

Mubasher: Qatar’s official oil prices of both onshore and offshore crude oil declined by 1.16% and 1.13% month-on-month, respectively in June.

The prices of onshore crude oil levelled down 0.12%, or $0.9%, to $76.15 per barrel (pb) last month, from $77.05 pb in May, Qatar Petroleum reported.

The state-owned firm noted that the offshore crude oil price decreased 1.1%, or $0.82, to 74.10 pb in June, compared to $74.95 pb a month earlier.

Mubasher Contribution Time: 04-Jul-2018 11:41 (GMT)
Mubasher Last Update Time: 04-Jul-2018 11:52 (GMT)