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Iraq increases the sale of Basra Light crude price to Asia DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Iraq increases the sale of Basra Light crude price to Asia

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Iraq increases the sale of Basra Light crude price to Asia Empty Iraq increases the sale of Basra Light crude price to Asia

Post by RamblerNash Thu Jun 09, 2016 11:02 pm

Iraq increases the sale of Basra Light crude price to Asia

Posted: 09.06.2016 | 21:55 GMT


Iraq increases the sale of Basra Light crude price to Asia 5759e550c461882a3c8b457e
One of Iraq's oil refineries in Basra
Reuters Essam Al Sudani

One of Iraq 's oil refineries in Basra


The Iraqi oil marketing company SOMO, Iraq raise the official selling price of Basra Light crude to Asia in July to $ 0.3 shipments to a level of less than $ 1.10 and the average Oman and Dubai crude.

The SOMO said in a statement posted on its website Thursday June 9, it "decided to Basrah heavy flying to Asia shipments of pricing in the same month rose to $ 5.60 below the average of Oman and Dubai."

And it sets the official selling price of crude Basrah Light in July shipments price to Alomrakeatin markets at $ 0.50 a barrel below "Argos" index higher raw sulfur level, unchanged from the previous month, while the price of Kirkuk crude to the United States fell to a bonus of $ 0.50 a barrel above index.

The decline in the official selling price of Basrah Light crude to Europe in July rose $ 0.20 to reach the price of Brent minus $ 4.85 a barrel, while the official selling price for Kirkuk crude rose to a discount of $ 4.40 a barrel.

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