Yemen sets Feb Marib light crude OSP at parity to dated BRENT

DUBAI, Dec. 05 (Saba)-
Yemen's High Ministerial Committee for Crude Oil Marketing has set the official
selling
price for its Masila blend crude lifting in February at Platts Dated Brent minus
$1.40/barrel, down 42 cents from its price differential of the previous month, an
committee
source said Sunday.
The OSP for Marib Light lifting in February was unchanged for the eighth
consecutive month at parity to Dated Brent, the source said.
Unipec UK, the London arm of the Chinese trading company, was the highest bidder
for the Masila blend grade of crude oil, requesting all 2 million barrels
available.
Yemen's national Aden Refinery, meanwhile, was awarded the entire quantity of 2.4
million barrels of Marib Light crude for February delivery.