Bloomberg News

Yemen Raises September Masila Crude to Premium of 52 Cents

July 09, 2012

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.

To contact the reporter on this story: Sherry Su in London at

To contact the editor responsible for this story: Stephen Voss at

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