According to CoinMeta, the Iraqi National Oil Marketing Organization SOMO has recently issued the following statements: First, Iraq has set the official selling price of Basra medium-crude oil to Asia in September at a discount of $4 per barrel compared to the average price of Oman/Dubai. Second, Iraq has set the official selling price of Basra medium-crude oil to Europe in September at a discount of $4.85 per barrel compared to Brent crude oil prices. Third, Iraq has set the official selling price of Basra medium-crude oil to North and South America in September at a premium of $5.1 per barrel compared to Agus sulfur-containing crude oil.