Sumo: Raising the sale of Basra Light crude to Asia in July, the price of shipments

2016/6/9 22:21

[Oan- Baghdad]

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

The SOMO said in a statement e-mailed that he decides 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 to the Americas market price at $ 0.50 a barrel below the Argus index higher crude sulfur, 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 the 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.


Link