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By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq Revenue Forecasting Model -- A Critical Assessment INTRODUCTION This review was prepared upon request from known international organization (XXX) regarding two documents prepared by a consultant (CCC) on Iraq Revenue Forecasting […]

Iraq cuts June Basra light crude prices to Asia Iraq has lowered the June official selling price (OSP) for Basra Light crude to Asia to Oman/Dubai plus $1.25 a barrel, down $0.15 from the previous month, a pricing document showed on Monday. The June OSP for Basra Medium crude was set at plus $0.40 above Oman/Dubai, down $0.20 from the previous month. The June OSP for Basra Heavy crude was set at a discount of$1.30 to Oman/Dubai, down $0.40 from May. Source: Reuters (Reporting by Arpan Varghese in Bengaluru; Editing by Jan Harvey) 2021-05-11

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Iraq raises May Basra Light, Medium, Heavy crude prices to Asia Iraq has raised the May official selling price (OSP) for Basra Light crude to Asia to Oman/Dubai plus $1.40 a barrel, up $0.10 from the previous month, a pricing document showed on Monday. The May OSP for Basra Medium crude was set at plus $0.60 above Oman/Dubai, up $0.50 from the previous month. The May OSP for Basra Heavy crude was set at a discount of$0.90 to Oman/Dubai, up $0.50 from April. Source: Reuters (Reporting by Sumita Layek in Bengaluru; editing by David Evans) 2021-04-14