VOL. XLII
No 51
20-December-1999
IRAQ
Iraqi Oil Prices For December
Concurrently, the December price formulas for Iraqi crudesales have been proposed by SOMO and approved by the UN Sanctions Committee.Prices for deliveries to the US and Europe have been raised by 15 cents/B and20 cents/B respectively, while those for Asia have been left unchanged. In themarket, Kirkuk crude for December delivery is reportedly fetching a premium of20-30 cents above Iraq痴 official selling price.
Iraq痴 1999 Price...
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