Iraq's State Oil Marketing Organization (SOMO) announced that Iraq will set the official selling price for its November Basra medium crude oil exports to Europe at a discount of $3.85 per barrel to the spot Brent crude price.

2026-10-08

Iraq's State Oil Marketing Organization (SOMO) announced that Iraq will set the official selling price for its November Basra medium crude oil exports to Europe at a discount of $3.85 per barrel to the spot Brent crude price.