TOKYO: Yemen has set the official selling price of its Masila crude for loading in May at a premium of $0.95 a barrel to dated Brent, up 40 cents from the previous month, according to a government statement.
Arcadia bought 2 million barrels out of 2.1 million barrels of Masila crude offered by Yemen, the statement late on Sunday said.
The government also set the May OSP for Marib Light crude at parity to dated Brent, unchanged from April.
Yemen's national refiner, Aden Refinery Co, will buy the entire 1.9 million barrels of Marib Light crude offered by Yemen. (Reuters)