By John Lee The head of the State Oil Marketing Organization (SOMO) has reportedly suggested that Iraq is interested in creating an oil price hedging program that would lock in prices for future trades far in advance
Oil ends lower on expectations for rising US crude ,
Oil futures finished lower Tuesday on expectations US data will show a fourth consecutive weekly rise in domestic crude inventori US prices had rallied Monday, with the gains spurred in part by a threat from Turkey’s president to cut off oil exports from a Kurdish region of Iraq November .
Iraq plans major change to oil pricing for Asia | Reuters
Iraq has informed its customers that it plans to switch its price benchmark for Basra crude in Asia to DME Oman futures from January, dropping the average of Platts' Oman-Dubai quotes, in a major shift in the way it prices its oil
Oil Rises as Iraqi Forces Seize Oil Fields, Clash With ,
Oct 15, 2017· Watch video· Oil advanced to a two-week high as Iraqi troops clashed with Kurdish forces, disrupting supplies from a region that produces more than half a million barrels a day Futures climbed 08 percent in New York Iraqi forces said they had seized the headquarters of Kirkuk’s provincial administration in .