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Iraq sells Basra crude shipments loading June at fixed rates
Economy News _ Baghdad
Iraq sold four million barrels of Basra crude at the end of June to UNIPEC, the trading arm of China Petroleum and Chemical Co., with similar bonuses for the previous month, two trade sources said on Thursday.
The sources said the quantities included two million barrels of Basra light crude for loading on June 28 and 30 sold at a premium of 77 cents a barrel from the official selling price of this class and two million barrels of Basra heavy crude for download on June 29 and June 30 at a premium of $ 2.30 per barrel.
These tenders were not independently verified.
The Iraqi oil marketing company (SOMO) on Thursday closes its third tender this month to sell 2 million barrels of Basra light crude for loading on June 29 and 30.
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