Iraq intends to sell two million barrels of oil in Dubai

24/04/2017-13:52


Economy news Baghdad:


Trade sources said the world oil market, that Iraq intends to sell two million barrels of Basra light crude through bidding Dubai Mercantile Exchange.

The sources said that "the Iraqi oil marketing company SOMO notified buyers of long term it plans to sell two million barrels of Basra light crude download June through a tender in Dubai.

They said it would be "the first time ever which sold raw Basra via Dubai.

"Static-oriented shipment to Asia, it will not accept any offers do not include well above the official selling price for ore Basra lightweight in June."

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