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3/13/08

ArabianBusiness.com: Iraq cuts oil price to Europe, ups US - Energy - by Simon Webb

For the complete report from ArabianBusiness.com click on this link

Iraq cuts oil price to Europe, ups US - Energy - by Simon Webb

Iraq has cut the official selling price of its Basra Light crude for April loading by $2.20 a barrel to European buyers and raised prices for the US, an Iraqi oil official said on Thursday. The April Basra Light price for European buyers was set at BFOE minus $6.25 versus $4.05 in March.

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