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Iraq raises price of Basra light crude for Asia in April
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Iraq has raised the official selling price of Basra light crude to Asia in April by $ 0.35
compared to the previous month to $ 0.65 a barrel above the average price of Oman / Dubai offered, the Iraqi Oil Marketing Company (SOMO) said on Tuesday.
Sumo said in a statement seen by "Economy News" that the price of selling Basra heavy crude to Asia in the same month is set at the average price of Oman / Dubai offered less than $ 2.45 per barrel.
The official sale price of Basrah Light crude to North American and South American markets in March remained unchanged at $ 1.35 a barrel above the Argos index of high sulfur ore, while the price of selling Kirkuk crude to the US remained unchanged at $ 0.05 above Argus.
For Europe, the official sale price of Basrah Light crude in April fell to $ 0.55 a barrel to Brent crude price of $ 3.20 per barrel, while the price of Kirkuk crude for the same month fell to $ 2.50 without Brent.
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