Iraq Oil Report's Daily Brief compiles the most important news and analysis about Iraq from around the web.

Iraq ups May crude prices to US, Asia, cuts Europe

Reuters reports:

Iraq raised the price of Basra light crude to U.S. buyers for May by 10 cents to $1.90 per barrel below the Argus (ASCI) benchmark but cut prices to Europe, the State Oil Marketing Organisation (SOMO) said on Thursday.

SOMO said the price for Basra light crude for Asian buyers was raised to a premium of $1.35 to the average of Oman/Dubai quotes.

Click here for the entire story