Iraq reduces the selling price of Basra Light crude to Asia in January
Iraq reduces the selling price of Basra Light crude to Asia in January
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Dec. 11 (Reuters) - Iraq's oil marketing company said on Friday (SOMO) that Iraq has cut the official selling shipments of January, the price of Basra Light crude destined to Asia by $ 0.10 to less than US $ 3.45 a barrel from the average Khami Oman rates and Dubai, compared with the previous month.
SOMO said in a statement e-mailed The price of Basra crude heavy for the same month determine a discount of $ 8.20 per barrel average for Oman and Dubai crude.
And determine the price of January shipments of Basra Light crude to North and South American markets at Argus index High crude sulfur minus 0.80 dollars a barrel, down from the previous month while selling Kirkuk crude to the United States rate was unchanged at $ 0.30 a barrel above the cursor.
For shipments to Europe the price of Basrah Light inclined $ 0.50 to $ 4.75 a barrel below Brent price rose January shipments of Kirkuk crude to a discount of $ 4.65.
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