SINGAPORE: Yemen has set the official selling price (OSP) of its Masila crude for loading in October at a premium of $1.16 a barrel to dated Brent, up 71 cents from the previous month, its government said late on Sunday.
Arcadia bought the entire 2 million barrels of Masila crude offered by Yemen, the government said in a statement.
The government also set the October OSP for Marib Light crude at parity to dated Brent, steady from the previous month.
The Aden Refinery Company will buy the entire 1.65 million barrels of Marib Light crude offered by Yemen. (Reuters)