Iraq's State Oil Marketing Organization (SOMO) announced that Iraq will set the official selling price for its Basra medium crude oil shipments to Europe in February at a discount of $3.55 per barrel to the spot Brent crude.

2026-01-11

Iraq's State Oil Marketing Organization (SOMO) announced that Iraq will set the official selling price for its Basra medium crude oil shipments to Europe in February at a discount of $3.55 per barrel to the spot Brent crude.