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OPEC basket price down to 111.78 dollars
On: Friday 1/20/2012 6:16
Baghdad / term
decline in price of OPEC basket, which includes the Iraqi Basrah Light on Wednesday to 111.78 dollars a barrel.
and OPEC said on Thursday that the price of its basket of crudes fell to a record 111.78 dollars a barrel on Wednesday from 112.24 dollars the previous session.
It consists of OPEC basket of 12 crude is a mix deserts of Algeria and crude Girassol Angolans and Iran's heavy crude, Basra Light of Iraq and export of Kuwait and Sidr Libya and Bonny Light of Nigeria and sea country and Arab Light Saudi Murban UAE and Mary Venezuelan Oriente of Ecuador.
Exports of crude oil of Iraq to 2.145 million barrels per day in December of 2.135 million barrels per day in November.
Iraq seeks to export 2.6 million barrels per day during the current year according to the plan included in the budget of the country's financial dependent on oil imports by 95 percent.
Iraq is a member of OPEC and has the fourth-largest reserves oil in the world, and entered into agreements with global energy companies to raise production to 12 million barrels per day by 2017.
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On: Friday 1/20/2012 6:16
Baghdad / term
decline in price of OPEC basket, which includes the Iraqi Basrah Light on Wednesday to 111.78 dollars a barrel.
and OPEC said on Thursday that the price of its basket of crudes fell to a record 111.78 dollars a barrel on Wednesday from 112.24 dollars the previous session.
It consists of OPEC basket of 12 crude is a mix deserts of Algeria and crude Girassol Angolans and Iran's heavy crude, Basra Light of Iraq and export of Kuwait and Sidr Libya and Bonny Light of Nigeria and sea country and Arab Light Saudi Murban UAE and Mary Venezuelan Oriente of Ecuador.
Exports of crude oil of Iraq to 2.145 million barrels per day in December of 2.135 million barrels per day in November.
Iraq seeks to export 2.6 million barrels per day during the current year according to the plan included in the budget of the country's financial dependent on oil imports by 95 percent.
Iraq is a member of OPEC and has the fourth-largest reserves oil in the world, and entered into agreements with global energy companies to raise production to 12 million barrels per day by 2017.
[You must be registered and logged in to see this link.]
