Iraq sets new pricing for its oil as of next September

by **Rocky** Tue 09 Aug 2016, 4:40 am

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Post n°1

Iraq sets new pricing for its oil as of next September

by Rocky Tue 09 Aug 2016, 4:40 am

[size=37]Iraq sets new pricing for its oil as of next September[/size]

BAGHDAD - A Journal of
Iraq announced cut the official selling price of Basra Light crude to Asia in the next shipments of September one dollar to the level of at least 2.30 dollars a barrel for the average price ofOman and Dubai crude from the previous month.

The Iraqi Oil Marketing Company (SOMO) said in a statement e-mailed that he decides to Basrah heavy flying to Asia shipments of pricing in the same month by four dollars a barrel below the average price of Oman and Dubai crude.

According to international sources of oil may determine the official selling price of crude Basrah Light in September shipments price to the Americas markets at Argus index High crude sulfur minus $ 0.60 a barrel, unchanged from the previous month while selling crude price Kirkuk increased to US 0.80 dollars per barrel above the cursor .

The price of Basra Light crude for shipments bound for Europe of $ 1.11 for up to Brent minus USD 3.59 a barrel and the price of September shipments of Kirkuk crude at a discount rate of 4.09 Dolara.anthy 4

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