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Business / Qatar Business

QP drops Qatar crude prices by more than 51%

Published: 09 May 2020 - 04:30 pm | Last Updated: 05 Nov 2021 - 03:48 pm
Peninsula

QNA

Doha: Qatar Petroleum (QP) announced today a drop of more than 51 percent for Qatar land and marine crudes in April compared to the previous month.

QP set price of Qatar's land crude oil for April at $17.78 per barrel, compared to $36.26 for March, down by about 51 percent.

It also set the price of Qatar marine crude for April at $17.53 a barrel, compared to $35.96 a barrel in the previous month, recording a decrease of 51.3 percent.