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OPEC basket price down to 121.98 dollars on Tuesday
07/03/2012 18:49
Erbil, March 7 / March (Rn) - fall in the price of OPEC basket, which includes the Iraqi Basrah Light on Tuesday to 121.98 dollars per barrel.
OPEC said on Wednesday that the price of its basket of crudes fell to the standard 121.98 a barrel on Tuesday from 34.122 dollars in the previous session, according to Reuters.
It consists of OPEC basket of 12 crude is a mix deserts of Algeria and raw Gerasol Alanjuli and raw Iranian Heavy, 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 Orient of Ecuador.
And decreased exports of Iraqi crude oil to 2.014 million barrels per day in February from 2.106 million barrels per day in January January
And seeks to raise exports to 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 per cent.
And Iraq has the fourth-largest oil reserves in the world is estimated at 115 billion barrels, and entered into agreements with international energy companies to raise production to 12 million barrels per day by 2017.
Open: Abdullah Sabri
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07/03/2012 18:49
Erbil, March 7 / March (Rn) - fall in the price of OPEC basket, which includes the Iraqi Basrah Light on Tuesday to 121.98 dollars per barrel.
OPEC said on Wednesday that the price of its basket of crudes fell to the standard 121.98 a barrel on Tuesday from 34.122 dollars in the previous session, according to Reuters.
It consists of OPEC basket of 12 crude is a mix deserts of Algeria and raw Gerasol Alanjuli and raw Iranian Heavy, 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 Orient of Ecuador.
And decreased exports of Iraqi crude oil to 2.014 million barrels per day in February from 2.106 million barrels per day in January January
And seeks to raise exports to 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 per cent.
And Iraq has the fourth-largest oil reserves in the world is estimated at 115 billion barrels, and entered into agreements with international energy companies to raise production to 12 million barrels per day by 2017.
Open: Abdullah Sabri
[You must be registered and logged in to see this link.]
