Shell buys 15 million barrels of August-loading Mideast crude - sources, data

Shell buys 15 million barrels of August-loading Mideast crude - sources, data
FILE PHOTO: Staff members work at the booth of Royal Dutch Shell at Gastech, the world's biggest expo for the gas industry, in Chiba, Japan, April 4, 2017. REUTERS/Toru Hanai/File Photo -
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Toru Hanai(Reuters)
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SINGAPORE (Reuters) – Royal Dutch Shell <RDSa.L> has bought a total 15 million barrels of Middle East crude for loading in August through deals on pricing platforms Platts and RIM during this month, according to trade sources and data collected by Reuters.

The purchases include 18 cargoes of Upper Zakum, seven Murban cargoes, four Oman cargoes and one cargo of Das Blend.

Last month, Shell took delivery of 8.5 million barrels of Middle East crude via trades during S&P Global Platts’ price assessment process for the region’s benchmarks.

Shell does not typically comment on commercial matters.

(Reporting by Florence Tan; editing by Christian Schmollinger)

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