Iraq raises oil prices to buyers from Asia and the United States reduced


Iraq raises oil prices to buyers from Asia and the United States reduced

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[Follow-where]

The Oil Ministry announced the adjournment of the federal Iraqi crude oil sale to buyers from Asia price.

She said the oil marketing company SOMO] today she was “raised the official selling price of crude oil to the price of the main [Bozrah Light] to Asian customers but lowered the price to the United States,” along the lines of what I’ve done Arabia.

It showed that “raising the price will be next December to an average of Oman and Dubai crude prices minus US $ 2.50 per barrel less the average of $ 3.15 in November shipments.”

Sumo and lowered the official selling price of Basra light crude to US customers in December / December to Argos minus 10 cents after the index was the price for November shipments Argus index plus 40 cents.

The price changes made ​​by the Iraqi oil marketing company similar to those carried out by Saudi Arabia as it raised prices and lowered them to Asia to the United States last week to try to limit the drop in oil prices Alaalmih.anthy

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