B · Normal
[Iraqi crude oil prices cut for Asian buyers in November] October 8th, according to the price list published by the Iraqi State Oil Marketing Organization (SOMO), Iraq will lower the price of crude oil delivered to Asian buyers in November. Basrah Intermediate crude oil prices for November were lowered to a discount of $2.80 per barrel to the regional benchmark, while October prices were unchanged from the benchmark. The discount for Basrah heavy crude oil to the benchmark price widened to $5.80/barrel in November and to $3.30/barrel in October.
Global market intelligence 🕐 2026-10-08 17:42

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