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Iraq sets price to sell Basra light oil to Asia
Iraq sets price to sell Basra light oil to Asia
Iraq has set the official sale price of Basra light crude to Asia for December at a premium of $ 0.60 a barrel above the average price offered for Oman and Dubai, unchanged from the previous month, Iraq's oil marketing company said on Tuesday.
The price of Basra's heavy crude to Asia for the same month was set at a discount of $ 2.40 a barrel from the average of Oman / Dubai, Sumo said in an e-mail statement.
The official sale price of Basra light crude for shipments to North and South American markets in December was set at $ 0.35 per barrel above the Argos index for crude oil, higher than the previous month. The official price of Kirkuk crude for shipments to the United States is set at $ 0.65 per barrel above the Argus index, unchanged from the previous month.
In shipments to Europe, the official sale price of Basra light crude for December increased by $ 0.20 to Brent crude, down $ 3.55 per barrel, while the official sale price for Kirkuk crude for the same month fell to $ 4 without Brent.
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