Petronas sells Bertam crude to Shell at above US$5/bbl premium

Petronas sells Bertam crude to Shell at above US$5/bbl premium

OIL & GAS


Thursday, 25 Jul 20197:01 AM MYT







Royal Dutch Shell is believed to be the final buyer of the 325,000-barrel cargo
SINGAPORE: Petroliam Nasional Bhd, or Petronas, has awarded a tender of September-loading Bertam

image: https://cdn.thestar.com.my/Themes/img/chart.png crude at a premium of more than US$5 a barrel above dated Brent, two trade sources told Reuters on Wednesday



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


Read more at https://www.thestar.com.my/business/business-news/2019/07/25/malaysias-petronas-sells-bertam-crude-to-shell-at-above-us$5-per-bbl-premium/#5ogxoKBGUH9ZCGwU.99