Free Trial

Iraq's Southern Exports May Rise Marginally by September: SOMO

OIL

Iraq's southern oil export capacity may rise marginally to 3.35 million b/d by September from around 3.3 million b/d now according to a Platts interview with SOMO deputy director general.

  • SOMO expects Basrah Heavy exports to be around 1.1 million b/d in July and Basrah Medium 2.2 million b/d.
  • Iraq exported 1.120 million b/d of Basrah Heavy in June and 2.146 million b/d of Basrah Medium, with total southern oil exports reaching 3.266 million b/d, according to SOMO figures.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.