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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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    Sumo cuts the price of Basra oil

    Rocky
    Rocky
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    Sumo cuts the price of Basra oil Empty Sumo cuts the price of Basra oil

    Post by Rocky Thu 11 Jan 2018, 2:47 am

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    Sumo cuts the price of Basra oil





    Iraq has cut official sales prices for Basrah crude worldwide in February.
    The Iraqi oil marketing company "Sumo" said in a statement on Thursday that Iraq lowered the official sale price of Basra light crude in February shipments to Asia, 30 cents from the previous month to become a discount of five cents a barrel than the average prices of Oman and Dubai. 
    The reduction comes amid shrinking refining profits, falling prices in the spot market and keeping pace with other producers in the Middle East selling official prices for their competing materials.






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