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

TheStar Thu, Jul 25, 2019 07:01am - 4 years View Original


Royal Dutch Shell is believed to be the final buyer of the 325,000-barrel cargo

Royal Dutch Shell is believed to be the final buyer of the 325,000-barrel cargo

SINGAPORE: 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 $5.50 a barrel above dated Brent - Reuters
   

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