SINGAPORE: Yemen has set the official selling price of its Masila crude for loading in March at a premium of $0.02 a barrel to dated Brent, down 40 cents from the previous month, its government said on Monday.

UNIPEC UK bought the entire 1.3 million barrels of Masila crude offered by Yemen, the government said in a statement.

The OSP for the March 2015 Marib Light Crude oil has been set at flat to dated Brent.

The Aden Refinery Company will buy the entire 1.5 million barrels of Marib Light Crude offered by Yemen

Copyright Reuters, 2015