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SOMO: Iraq increases the price of Basra crude in next February
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The Journal News
It said the oil marketing company "Sumo", on Monday, that Iraq has raised the official selling price of Basra Light crude to Asia in February, $ 0.50 from the previous month, reaching an average Khami prices of Oman and Dubai minus 0.90 dollars a barrel.
It quoted "Reuters" for sumo, that "Basra was heavy for Asia sales pricing in the same month, at an average price of Khami Oman and Dubai minus $ 5.50 a barrel."
She added, "it was determine the official selling price of crude price of Basrah Light to the Americas markets in February when the Argus index of high-sulfur crudes level, minus $ 0.75 a barrel, down from the previous month," pointing out that "the price of Kirkuk crude shipments to the United States remained unchanged at $ 0.25 a barrel above the Argus. "
She noted that the "flying shipments to Europe where the price of Basra Light crude fell by $ 0.45 to the price of Brent minus $ 4.50 a barrel, while the official selling price for Kirkuk crude came down in February to $ 4.85 without Brent of" .anthy 3
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