Qatar oil records lower prices in December

Mubasher: The Qatari onshore and offshore crude oil prices declined 12.5% in December, Qatar Petroleum said on Thursday.

The price of onshore crude oil went down 12.7% to $58.45 per barrel (pb) last month, compared to $66.95 in November.

The state-owned company added that the offshore crude oil price decreased by 12.4% to $57.7 pb in December versus $65.9 pb in the month before.

Earlier in January, Qatar Petroleum announced reducing the value of fuel prices for January by 12.5% to 16.7%.

Mubasher Contribution Time: 03-Jan-2019 14:51 (GMT)
Mubasher Last Update Time: 03-Jan-2019 14:56 (GMT)