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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Iraq 's economy sells 4 million barrels of oil to Europe

    rocky
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    Iraq 's economy sells 4 million barrels of oil to Europe Empty Iraq 's economy sells 4 million barrels of oil to Europe

    Post by rocky Tue Oct 31, 2017 5:12 am

    [size=32]
    Iraq 's economy sells 4 million barrels of oil to Europe[/size]
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     2 hours ago




    The Iraqi Oil Marketing Company (SOMO) is planning to auction the Dubai Mercantile Exchange (DME) for selling four million barrels of Basrah Light crude on November 26 and 27, sources in the oil sector said.
    The sources said the destination of the shipments will be Europe only, and the lowest offer set at one cent above the official sale price of crude, according to Reuters.
    That amount of crude may be beneficial to Europe, where Russian ore cargoes from the Baltic Sea ports in November will drop by 17% compared to the previous month.
    It may still be difficult to obtain high-level offers, with Basrah Light crude sold in Asia at substantial discounts, sources in the sector said.



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