RIYADH, Jan 11 (Reuters) - Iraq's state marketer SOMO raised the official
February selling price (OSP) for Basra Light crude oil to
Asia by $0.30 a barrel to the Oman/Dubai average minus $3.70 a barrel, it said on Sunday. The January OSP to
Asia was the Oman/Dubai average minus $4 a barrel. SOMO also cut the Basra Light OSP to the United States to ASCI minus $1.05 a barrel from ASCI minus $0.40 a barrel last month. The OSP to
Europe was cut to dated Brent minus $5.95 a barrel from dated Brent minus $4.35 a barrel in January. (Reporting By Angus McDowall; editing by David Clarke)
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