Reuters reports that Iraq has sweetened the terms for oil contract buyers and is becoming more competitive on pricing. Oil Minister Abdul Kareem Luaibi [Elaibi], who met customers in Vienna last month on the sidelines of the OPEC meeting, ...
Iraq's State Oil Marketing Organisation(SOMO)has this morning adjusted its official selling prices for its Basra Light and Kirkuk crude grades for January. In common with some other countries,Iraq's oil is priced relative to regional ...
Tags: SOMO, oil, Basra Light, Kirkuk crude