Tag Archives: State Organization for Marketing of Oil (SOMO)

Iraq’s commitment to the latest deal is critical to the cartel’s success.

Kirkuk is one of the biggest and oldest oilfields in the Middle East.

The Qayara oil field was shut-in for years until last year. due to the war with Islamic State.

Iraq’s exports from the south were set on a record pace in August.

China is under the pressure to cut oil purchases from Iran.

Europe-bound Kirkuk crude was lowered by 50 cents b to a discount of $3.90 b to Dated Brent.

Iraqi oil production has remained stable at 4.36 million b d from September to February.

Baghdad says only SOMO has the right to export Iraqi crude.

The oil ministry has put together plans to rehabilitate the Iraq-Turkey Pipeline.

SOMO is expected to announce its March official selling prices for Asia. Europe and U.S.-bound supplies around the 10th of February.