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

TheEdge Wed, Jul 24, 2019 04:26pm - 4 years View Original


SINGAPORE (July 24): Malaysia's Petroliam Nasional Bhd, or 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 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 US$5.50 a barrel above dated Brent 
 

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