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2026-09-20 21:12:14

Qatar set its official selling price (OSP) for seaborne crude oil in October at $5 per barrel lower than the average price in the Oman/Dubai market; while its official selling price for onshore crude oil in October was $4.5 per barrel lower than the Oman/Dubai average. These adjustments to official selling prices are typically pricing decisions made by oil-producing countries based on global crude oil supply and demand, regional market competition, and their own sales strategies. They directly impact the procurement costs of crude oil from the Middle East for export to the Asia-Pacific region and serve as an important reference indicator for regional crude oil trade pricing.

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