Iraq’s Oil Marketing Company (SOMO)

SOMO Sells November Light Crude at Higher Premium

SOMO sold the 2 million barrels at a premium of a little more than $1 per barrel to its official selling price (OSP).

Iraq to Boost Oil Exports to China

Iraq will sell more crude oil to its biggest customer, China’s Unipec, just before production cuts agreed with OPEC and other producers are scheduled to kick in.

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