Iraq's State Oil Marketing Organization raised the July official selling prices of its Basra and Kirkuk crude oil to all customers, the head of SOMO told Dow Jones Newswires Friday.
Basra light crude for delivery to the U.S. in July was set at second West Texas Intermediate minus $2.85 a barrel, up $0.50 a barrel from minus $3.35 a barrel in June, Falah Alamri said.
The July Basra light OSP for European customers was set at dated Brent minus $0.20 a barrel, up $1.30 a barrel from $1.50 a barrel in June.
light crude destined to Asia in July was priced at Oman/Dubai plus $1.30 a barrel, up $0.85 a barrel from plus $0.45 a barrel in June.
The July Kirkuk crude for U.S. was set at first WTI minus $1.90 a barrel, up $0.40 a barrel from minus $2.30 a barrel in June. For European lifters, the Kirkuk crude in July was set at dated Brent minus $0.50 a barrel, up $1 a barrel from minus $1.50 a barrel in June.