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%.