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[size=36]SOMO sells two shipments of Basra crude for loading in September[/size]
Political | 09:08 - 15/08/2019
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BAGHDAD (Reuters) -
Iraqi oil marketing company SOMO sold 2 million barrels of Basra Light crude for loading in September to Unipec at a premium of $ 1.26 a barrel above the official selling price, traders said on Thursday.
"SOMO sold 2 million barrels of Basra heavy crude for loading in September to Petro Diamond at a premium of more than $ 1.60 a barrel above the official selling price," traders said.
Prior to this, SOMO sold 2 million barrels of Basra Light for loading in August to Shell at a premium of just over $ 1 a barrel above the official selling price and 1 million barrels of Basra Heavy for loading in August to Petro Diamond at a premium of close to $ 2 a barrel for the official sale price. Ends 29/43
Iraqi oil marketing company SOMO sold 2 million barrels of Basra Light crude for loading in September to Unipec at a premium of $ 1.26 a barrel above the official selling price, traders said on Thursday.
"SOMO sold 2 million barrels of Basra heavy crude for loading in September to Petro Diamond at a premium of more than $ 1.60 a barrel above the official selling price," traders said.
Prior to this, SOMO sold 2 million barrels of Basra Light for loading in August to Shell at a premium of just over $ 1 a barrel above the official selling price and 1 million barrels of Basra Heavy for loading in August to Petro Diamond at a premium of close to $ 2 a barrel for the official sale price. Ends 29/43
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