Iraq Offers Oil Discounts for Hormuz Shipments

Iraq is offering substantial discounts of up to $33 per barrel on its oil shipments. However, buyers are required to transport these discounted shipments through the Strait of Hormuz.

5 May, 19:00 — 5 May, 19:00

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zerohedgeLow95d ago

Iraq Offers Huge Discounts Up To $33 Per Barrel For Oil Shipments Via Hormuz

Iraq Offers Huge Discounts Up To $33 Per Barrel For Oil Shipments Via Hormuz By Charles Kennedy of OilPrice.com OPEC’s second-largest producer, Iraq, is offering huge discounts of up to $33.40 per barrel off the official selling prices for its crude that has to move through the Strait of Hormuz. Iraq’s oil production and exports have been severely crippled due to the hostilities in the Middle East and the de facto closure of the Strait of Hormuz, which is the only way to move Ir...

By Tyler Durden

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Coverage Timeline

First report: naftemporiki · 5 May, 09:30|Full coverage: 2 · 9h|Window: 9h

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naftemporiki5 May, 09:30First to report

Ιράκ: «Κόβει» έως και 33 δολάρια στο πετρέλαιο — αλλά ζητά από τους αγοραστές να περάσουν από τα Στενά του Ορμούζ

9h later

zerohedge5 May, 19:00Latest update

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Iraq Offers Oil Discounts for Hormuz Shipments

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Iraq Offers Huge Discounts Up To $33 Per Barrel For Oil Shipments Via Hormuz

Coverage Timeline

Ιράκ: «Κόβει» έως και 33 δολάρια στο πετρέλαιο — αλλά ζητά από τους αγοραστές να περάσουν από τα Στενά του Ορμούζ

Iraq Offers Huge Discounts Up To $33 Per Barrel For Oil Shipments Via Hormuz

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