Americas crude: Petroecuador awards Oriente

摘要

Ecuador's state oil company Petroecuador sold a total of twenty cargoes of Oriente to Shell and ConocoPhillips, said Latin crude market sources Wednesday.Shell will buy one cargo per month of Oriente for one year beginning in September at front month cash WTI minus $7.99/b, plus $1.25/b, making for a discount of $6.74/b on an FOB basis for one year.