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Sources: Iraq resumes sale of Basra crude on the Dubai Mercantile Exchange
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Three oil industry sources said the Iraqi oil marketing company Sumo resumed the sale of Basra crude through the Dubai Mercantile Exchange on Monday.
Sumo sold 2 million barrels of Basra light crude for November to an unknown buyer of 20 cents a barrel above the official selling price, they said.
The buyer has the option of sending the shipment to Europe or Asia, the sources said.
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