• Iraq’s SOMO: Delegation plans to travel to Germany for oil export talks

Market news

30 August 2022

Iraq’s SOMO: Delegation plans to travel to Germany for oil export talks

Iraq's State Organization for Marketing of Oil (SOMO) said on Tuesday that their delegation plans to travel to Germany for oil export talks.

Additional quotes

Iraq ready to boost oil exports to Europe, if asked.

Iraq recently received requests for more oil supplies to Asia.

Iraq has got requests for more oil from India, China.

Market reaction

WTI is fading its recovery from above $97, trading at $96.53, almost unchanged on the day, as of writing.  

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