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[ltr]Iraq sells Basra heavy crude loading November at a premium less than October[/ltr]
Since 2017-09-19 at 15:05 (Baghdad time)
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[ltr]Baghdad Mawazine News[/ltr]
[ltr]The Iraqi Oil Marketing Company (SOMO) sold two million barrels of Basra heavy crude for loading in November through a tender on the Dubai Mercantile Exchange at a lower premium compared to the previous month.[/ltr]
[ltr]The Iraqi oil marketing company (SOMO) sold 2 million barrels of heavy Basra crude for loading in November through a tender on the Dubai Mercantile Exchange at a lower premium compared to the previous month, according to Reuters sources.[/ltr]
[ltr]"The cargo, which will be loaded between November 23 and 28 and exported to Asia, was sold at a premium of $ 1.28 per barrel for the official sale price to a buyer that was not announced," the sources said.[/ltr]
[ltr]"The drop in premium may be due to an unexpected rise in the official selling price."[/ltr]
[ltr]Last month, Iraq sold 2 million barrels of heavy Basra crude for October to SK Energy at a price above the official selling price of $ 1.63 a barrel.[/ltr]
[ltr][You must be registered and logged in to see this link.]
[/ltr]
Since 2017-09-19 at 15:05 (Baghdad time)
[ltr][You must be registered and logged in to see this image.][/ltr]
[ltr]Baghdad Mawazine News[/ltr]
[ltr]The Iraqi Oil Marketing Company (SOMO) sold two million barrels of Basra heavy crude for loading in November through a tender on the Dubai Mercantile Exchange at a lower premium compared to the previous month.[/ltr]
[ltr]The Iraqi oil marketing company (SOMO) sold 2 million barrels of heavy Basra crude for loading in November through a tender on the Dubai Mercantile Exchange at a lower premium compared to the previous month, according to Reuters sources.[/ltr]
[ltr]"The cargo, which will be loaded between November 23 and 28 and exported to Asia, was sold at a premium of $ 1.28 per barrel for the official sale price to a buyer that was not announced," the sources said.[/ltr]
[ltr]"The drop in premium may be due to an unexpected rise in the official selling price."[/ltr]
[ltr]Last month, Iraq sold 2 million barrels of heavy Basra crude for October to SK Energy at a price above the official selling price of $ 1.63 a barrel.[/ltr]
[ltr][You must be registered and logged in to see this link.]
[/ltr]
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