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Sumo: Iraq faces a major challenge in preserving its customers due to the oil price war DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Sumo: Iraq faces a major challenge in preserving its customers due to the oil price war

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Sumo: Iraq faces a major challenge in preserving its customers due to the oil price war Empty Sumo: Iraq faces a major challenge in preserving its customers due to the oil price war

Post by claud39 on Tue Mar 24, 2020 9:26 am

Sumo: Iraq faces a major challenge in preserving its customers due to the oil price war


24/03/2020



Sumo: Iraq faces a major challenge in preserving its customers due to the oil price war 1351





The Economy News - Baghdad

The  Sumo Oil Company has announced that it faces a major challenge during the coming stage, which is preserving the oil customers of Iraq due to the price war

The Director General of SOMO Company, Alaa Al-Yasiri, said in an interview with the Iraqi satellite channel and followed by "Al-Iqtisad News", that Saudi Arabia informed the European countries of selling its oil in a reduced manner, and therefore Iraq may lose its place in the European and Asian markets, noting that there will be alternatives to oil in front of refineries and therefore may We do not find anyone buying oil because there is cheaper oil.

He explained that Iraq is targeting the Asian market, and the SOMO company, in the presence of Prime Minister Adel Abdul Mahdi, fixed the prices so as not to lose the Indian and Chinese markets.





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