8 Hrs
Source:
وكالة بغداد اليوم الاخبارية
Dutch firm buys 30M barrels of Iraqi oil
Reuters reported that the Dutch company Vitol purchased between 25 and 30 million barrels of Iraqi oil in September at a discount of approximately $20 per barrel. This was due to the circumstances resulting from the American-Iranian war and its impact on the Iraqi oil market, which allowed large transportation-capable companies to acquire oil at very discounted prices. Both the company and Iraq's SOMO organization declined to confirm the purchases, reflecting a state of fluctuation in the Iraqi oil market due to the current conditions.
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