PUKmedia agencies 02/14/2012 14:32:33
Said Iraqi Oil Marketing Company (SOMO) said on Tuesday that Iraq reduce the price of Basra light crude to U.S. buyers in March, 30 cents to the price of less than two dollars for crude Argus standard but raising the price for buyers from Europe.
The company explained that the price of Basra crude set of buyers from Asia, up 65 cents from the average price of Oman and Dubai crude down 45 cents for a bonus of $ 1.10 in February.
Iraq and reduce the official price of Kirkuk crude to U.S. refiners to 25 cents below the record price of Argus compared with an increase of five cents for a record price in the previous month.
Iraq increased price of Basra crude to European buyers $ 1.80 to $ 2.55 less than the price of crude in the North Sea spot market, compared with less than 4.35 dollars for the record price in the previous month.
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