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OPEC basket price up to 124.08 dollars on Monday
20/03/2012 18:47
Erbil, March 20 / March (Rn) - The OPEC basket price, which includes the Iraqi Basrah Light on Monday to 124.08 dollars per barrel.
OPEC said on Tuesday that the price of its basket of crudes rose to record 124.08 dollars a barrel on Monday from 122.92 dollars 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
Baghdad is seeking to raise exports to 2.6 million barrels per day during the 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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20/03/2012 18:47
Erbil, March 20 / March (Rn) - The OPEC basket price, which includes the Iraqi Basrah Light on Monday to 124.08 dollars per barrel.
OPEC said on Tuesday that the price of its basket of crudes rose to record 124.08 dollars a barrel on Monday from 122.92 dollars 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
Baghdad is seeking to raise exports to 2.6 million barrels per day during the 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.]
