Iraq Sets Basrah Medium Crude Official Selling Price for Asia at $6.50 a Barrel Discount to Oman/Dubai Average

Iraq’s state oil company said Iraq set the official selling price for Basrah Medium crude sold to Asia in August at a discount of $6.50 per barrel to the average of Oman and Dubai. According to Jin10, the pricing applies to Basrah Medium crude shipments to Asia for August sales.