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Sources: Iraq sells Basra crude loaded February high bonuses

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Sources: Iraq sells Basra crude loaded February high bonuses

Post by claud39 on Thu Jan 17, 2019 7:20 am


Sources: Iraq sells Basra crude loaded February high bonuses


Economy News _ Baghdad

 BAGHDAD (Reuters) - Iraq's oil marketing company SOMO sold Basra crude in February for high price increases in bids, commercial sources said on Thursday.
The state oil marketing company sold 2 million barrels of Basrah Light crude to UNIPEC and one million barrels of Basra heavy crude to ExxonMobil probably.
Typically, companies do not comment on such trade issues.
The sources said the two shipments were sold with bonuses of more than a dollar a barrel above the official sales prices of the two.

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