Iraq raises official sale price of Basra light crude to Asia in July

Iraq raises official sale price of Basra light crude to Asia in July

(Reuters) – Iraq has raised the official sale price of Basra’s light crude to Asia for July to $ 0.40 to $ 0.55 a barrel above the average price offered to Oman and Dubai for the previous month, Iraq’s oil marketing company SOMO said. Sumo said in an e-mail statement that the heavy Basra crude to Asia for the same month was priced at a discount of 3.15 dollars a barrel for Oman and Dubai. The official sale price of Basrah Light crude for shipments to North American and South American markets for July was set at $ 0.40 a barrel without the Argos index for high sulfur crude, up from the previous month. The price of selling Kirkuk crude to the US rose to $ 0.25 per barrel Argus of high sulfur. For shipments to Europe, the official sale price of Basrah Light crude for July rose 1.75 dollars to Brent crude, down from $ 3.95 a barrel. The official sale price for Kirkuk crude for July fell below $ 3.90 from Brent. Prepared by علاء رشدي للنشر العربية – Edit أحمد حسن

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