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Qatar Energy raised the price for term cargoes of al-Shaheen crude oil loading in October to a four-month high as demand for Middle Eastern oil increased after Saudi Arabia prolonged its voluntary supply cut. The October price was set at $2.10 a barrel above Dubai quotes, up 42 cents from September's $1.68 a barrel and reaching the highest since June.

Qatar Energy raises Oct al-Shaheen oil term price to 4-month high

Qatar Energy raised the price for term cargoes of al-Shaheen crude oil loading in October to a four-month high as demand for Middle Eastern oil increased after Saudi Arabia prolonged its voluntary supply cut. The October price was set at $2.10 a barrel above Dubai quotes, up 42 cents from September’s $1.68 a barrel and reaching the highest since June.

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