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[size=30]New contracts raise Iraqi oil exports to China[/size]
16/12/2016 11:24 | Number of Views: 233
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Direction Press / Agencies
Informed sources said that Iraq sells more crude oil to the largest customers "Aonepk" China expanded its position in the global market ahead of the start of the implementation of agreed production cuts with the Organization of Petroleum Exporting Countries (OPEC) and other producers.
The sources pointed out that he was signing a contract "Aonepk" such as OPEC, which holds Iraq's seat with the other producers led by Russia's agreement to cut up to 1.8 million barrels a day in an effort to reduce the glut of global supply and raise prices.
The sources added that the Iraqi Oil Marketing Company (SOMO) of Basra crude futures sales increased to "Aonepk" three percent to between 40 an
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