Economics
SOMO: 60% of Iraq’s oil exports are going to Asian markets
The head of oil marketing company “SOMO” said on Sunday that he expected oil prices to remain stable at current levels over the entire 2018 period. “The stability of the price of oil depends on political stability in the region,” Alaa al-Yasiri said. Yasiri said Iraq would sign joint ventures with Asian companies from China, India and South Korea as part of targeting the continent’s markets. He added that 60% of Iraqi oil exports are going to Asian markets.
Source: http://en.economiciraq.com/2018/03/18/somo-60-of-iraqs-oil-exports-are-going-to-asian-markets/
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