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Reuters: Iraq will sell Basra oil four dollars less than Brent prices
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Economy News-Baghdad
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Added 05/07/2023 - 9:14 PM
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Economy News-Baghdad
The Iraqi Oil Marketing Company, SOMO, has set Iraqi crude prices for next June.
Reuters reported, quoting SOMO, that Iraq set the official selling price for Basra Medium crude in June to Asia, at a discount of 15 cents per barrel from the average prices of Oman / Dubai.
It added that Iraq set the official selling price for Basra Medium crude in June to North and South America at a discount of one dollar per barrel from the high-sulfur Argus crude index.
While Iraq set the official selling price for Basra Medium crude in June to Europe, at a discount of $4.60 per barrel over Brent crude.
Views 473
Added 05/07/2023 - 9:14 PM
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