Sunday 12 June 2011

Iraq Raises July Prices for Basrah Light Crude Oil to U.S., Asia, Europe

Iraq raised the July prices for its Basrah Light crude oil to customers in all markets, according to an e-mailed statement. The discount for Basrah Light crude to the U.S. narrowed to $2 less than the Argus Sour Crude Index , making the oil 10 cents a barrel more expensive than in June, Iraq’s ...


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