Qatar oil prices fall 0.38% in March

Mubasher: Qatar’s official prices of both onshore and offshore crude oil declined by 0.38% and 0.95% month-on-month, respectively, in March 2018.

The prices of onshore crude oil levelled down 0.38% to $65.25 per barrel (pb) in the third month of 2018 from $65.5 pb in February, Qatar Petroleum said.

The state-owned energy company noted that the offshore crude oil price decreased 0.95% to %62.8 pb in March, compared to $63.4 pb a month earlier.

On Saturday, 31 March, Qatar Petroleum increased non-Qatari investors' ownership in the Qatar-listed state-run energy firms to 49%.

Mubasher Contribution Time: 03-Apr-2018 08:54 (GMT)
Mubasher Last Update Time: 03-Apr-2018 09:12 (GMT)