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Iraq plans to sell two million barrels of oil in the Dubai Mercantile Exchange
conomy News Baghdad:
it announced commercial sources in the global oil market, that Iraq plans to sell two million barrels of Basrah Light crude through a tender Stock Exchange Dubai Energy.
The sources said, " the Iraqi Oil Marketing Company (SOMO) long - term buyer notified that it plans to sell two million barrels of Basrah Light crude loading in June through a tender Stock Exchange Dubai Energy."
The sources pointed out that it "would be the first time ever that the Basra crude is sold through the DME."
She added that "fixed charge point to Asia and that it will not accept any bids do not include the premium over the official selling price of Basra light crude in June."
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conomy News Baghdad:
it announced commercial sources in the global oil market, that Iraq plans to sell two million barrels of Basrah Light crude through a tender Stock Exchange Dubai Energy.
The sources said, " the Iraqi Oil Marketing Company (SOMO) long - term buyer notified that it plans to sell two million barrels of Basrah Light crude loading in June through a tender Stock Exchange Dubai Energy."
The sources pointed out that it "would be the first time ever that the Basra crude is sold through the DME."
She added that "fixed charge point to Asia and that it will not accept any bids do not include the premium over the official selling price of Basra light crude in June."
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