Yemen raised the premium for its Masila blend crude for delivery in September to 52 cents a barrel more than Dated Brent from 23 cents for August, the Arabian Peninsula state’s oil marketing committee said.
China International United Petroleum & Chemical Co., the trader known as Unipec, was awarded 2.6 million barrels of the blend for September via a tender, Yemen said today in an e- mailed statement.
Marib Light crude remained at parity to Dated Brent and Yemen didn’t announce the sale of any quantities of the grade.
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