Mubasher: Iraq, OPEC’s second-largest producer, lowered the selling price for January shipments to Asia of its main Basrah Light crude by 10 cents a barrel to $3.45 compared with the average crude prices of Oman and Dubai, said State Organization for Marketing of Oil (SOMO).
Basrah Light crude shipments to Europe rose $0.50 to $4.75 a barrel, while the price of Kirkuk crude shipments increased to a discount of $4.65.
