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Iraq slashes official sale price of Basra light crude to Asia in September DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

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Iraq slashes official sale price of Basra light crude to Asia in September

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Iraq slashes official sale price of Basra light crude to Asia in September Empty Iraq slashes official sale price of Basra light crude to Asia in September

Post by RamblerNash on Thu Aug 09, 2018 9:48 pm

Iraq slashes official sale price of Basra light crude to Asia in September

Iraq slashes official sale price of Basra light crude to Asia in September 9301

08/09/2018

Economy News _ Baghdad

Iraq has reduced the official sale price of Basra light crude to Asia for September by $ 0.50 from the previous month, to reach $ 0.15 a barrel below the average prices offered to Oman and Dubai, the Iraqi oil marketing company (SOMO) said on Thursday.

Sumo said in a statement received by "Economy News" that the price of heavy Basra crude was set to Asia for the same month at a discount of 3.15 dollars a barrel from the tents of Oman and Dubai.

The official sale price of Basrah Light crude for shipments to North American and South American markets for September was set at $ 0.25 a barrel below the Argos high-sulfur index, up from the previous month.

The official price of Kirkuk crude for shipments to the United States is set at $ 0.55 a barrel above the Argus index.

In shipments to Europe, the official sale price of Basrah Light for September fell by $ 0.70 to Brent crude, down from $ 4.80 per barrel, while the official sale price for Kirkuk crude for the same month rose to $ 3.45 without Brent.

http://economy-news.net/content.php?id=13191
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