Iraq Cuts Crude Supplies to Asia in July

• Tuesday, 16th June 2020
• by Editorial Team

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, according to Reuters. For July, Iraq’s Basra crud...

Iraq Requests BP to Cut Production by 10%

• Monday, 15th June 2020
• by Editorial Team

Iraq has requested that oil supermajor BP cut its crude production by 10% at the southern field of Rumaila as Iraq ramps up efforts to comply with OPEC+ cuts, according to Bloomberg.  The deposit, southwest of the oil...