No. 12



Iraq And UN Ready To Learn Appropriate Lessons From Experience Of First Period Of Limited Oil Sales

Both Iraq's SOMO and the UN now appear set to learn appropriate lessons from the teething problems encountered during the first 90 days of limited oil sales, particularly on how to reach the $1bn target in times of market volatility such as are currently prevailing. SOMO is urging its customers to lift their nominations early and has concluded 30 term contracts,...