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Sumo sets Basrah Light price for May
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The Iraqi Oil Marketing Company (SOMO) announced on Monday that it had set the official selling price of Basrah Light crude to Asia for May at a discount of $ 0.75 per barrel, compared with the average price for Oman and Dubai, unchanged from the previous month.
Sumo said in a statement read by "Economy News" that Basra's heavy crude to Asia for the same month was priced at a discount of $ 4.60 a barrel from the fifth of Oman and Dubai.
The official sale price of Basra light crude for shipments to North American and South American markets for May did not change slightly at $ 0.55 a barrel without the Argos index of high sulfur ore.
The sale price of Kirkuk crude to the United States fell to a premium of $ 0.45 per barrel to the Argos index of high sulfur ore.
For shipments to Europe, the official selling price of Basrah Light crude for May rose by $ 0.45 to Brent crude, down $ 4.75 per barrel. It was decided to increase the official sale price of Kirkuk crude for May to $ 3.40 less than Brent.
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[You must be registered and logged in to see this image.]
The Iraqi Oil Marketing Company (SOMO) announced on Monday that it had set the official selling price of Basrah Light crude to Asia for May at a discount of $ 0.75 per barrel, compared with the average price for Oman and Dubai, unchanged from the previous month.
Sumo said in a statement read by "Economy News" that Basra's heavy crude to Asia for the same month was priced at a discount of $ 4.60 a barrel from the fifth of Oman and Dubai.
The official sale price of Basra light crude for shipments to North American and South American markets for May did not change slightly at $ 0.55 a barrel without the Argos index of high sulfur ore.
The sale price of Kirkuk crude to the United States fell to a premium of $ 0.45 per barrel to the Argos index of high sulfur ore.
For shipments to Europe, the official selling price of Basrah Light crude for May rose by $ 0.45 to Brent crude, down $ 4.75 per barrel. It was decided to increase the official sale price of Kirkuk crude for May to $ 3.40 less than Brent.
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