SOMO announces the lifting of crude oil prices to all markets

11/19/2016
Baghdad balances News
It announced Oil Marketing Company (SOMO) on Saturday for lifting crude oil prices to all markets except the oil of Kirkuk, the US market for the month of December. The company said in a statement received / balances News / copy of it, "staff specialist in the company has backed Finance Authority and Shipping Authority to conduct a comprehensive and detailed of the most important developments in the global economic situation and indicators of the global oil market survey." She added, "In addition to the latest developments affecting negatively and positively each market from the global markets, the main America, Asia and Europe and accounts associated and decides to lift Iraqi crude oil prices to all markets returned Kirkuk oil to the US market for the month this December." She continued the company, "it was raising the price of oil for the Asian market by $ 1.00 per barrel of light to Basra and 0.70 for heavy Bozrah, indicating that he was raised Basrah Light oil rate by 0.40 of the European market and $ 0.45 for heavy oil." Showed, it is "the price of oil lifted the US market for Basra light oil by $ 0.10 0.10 and heavy oil heavy oil, pointing out that he has been retained to Kirkuk oil price as it is without change to the American market," .anthy 29 / A 43

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