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Iraq raises price of Basra light crude for Asia in March

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 Iraq raises price of Basra light crude for Asia in March Empty Iraq raises price of Basra light crude for Asia in March

Post by claud39 on Wed Feb 13, 2019 7:48 am


 Iraq raises price of Basra light crude for Asia in March


 Iraq raises price of Basra light crude for Asia in March 12990

Economy News _ Baghdad

Iraq has raised the official selling price of Basra light crude to Asia in March by $ 0.30 compared to the previous month to reach $ 0.30 a barrel above the average prices offered to Oman and Dubai, the Iraqi oil marketing company "Sumo" said on Wednesday.
Sumo said in a statement read by "Economy News" that the price of selling Basra heavy crude for Asia in the same month at the average prices offered to Oman and Dubai less than $ 2.70 per barrel.
The official sale price of Basrah Light crude to North and South American markets in March was set at $ 1.35 a barrel above the Argos index for high sulfur ore, more than the previous month. The price of selling Kirkuk crude to the US remained unchanged at $ 0.05 above Argos.
For Europe, the official sale price of Basra light crude in March rose to $ 0.55 a barrel to reach Brent price of $ 2.65 per barrel, while the price of Kirkuk crude for the same month to $ 2 Brent.
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