Tuesday, 16th June 2020
Iraq’s Oil Marketing Company (SOMO) has made significant cuts in Basra crude supplies to Asia for the upcoming July as Iraq steps up efforts to comply with OPEC+ cuts.
Monday, 30th September 2019
SOMO sold the 2 million barrels at a premium of a little more than $1 per barrel to its official selling price (OSP).
Wednesday, 20th December 2017
Iraq failed to sell a cargo of two million barrels of Basra Heavy during an auction on the Dubai Mercantile Exchange yesterday.
Monday, 18th December 2017
Iraq will offer up to four million barrels of crude in a Platt’s auction this week.
Monday, 21st August 2017Iraq will adopt a new crude-oil benchmark for its Asian exports.