Iraq's SOMO is reportedly looking to buy Aug-Sep gasoil deliveries, according to documents

Iraq's SOMO's interest in purchasing gasoil for August-September deliveries signals a potential increase in demand in the region, which may impact pricing dynamics in the energy markets.

Newsquawk StaffPublished 20 Jul 2026, 09:17 UTCOn the live feed at 08:57 UTC — 4 more headlines followed before this page went public

Newsquawk headlinesUTC

09:07

[MARKET ANALYSIS] DXY flat after crude bid loses steam, Antipodeans lead on China stimulus hopes, GBP awaits Burnham

09:06

Russia's Kremlin says it would welcome new contact between Russian and US foreign ministers; notes of technical contacts between both sides at the foreign minister level

08:57

Iraq's SOMO is reportedly looking to buy Aug-Sep gasoil deliveries, according to documents

08:55

Samsung Electronics (005930 KS) is expanding its alliance with NVIDIA (NVDA) into NAND flash supply, according to sources via Korean press

08:47

[MARKET ANALYSIS] European bourses trade modestly firmer; Energy leads amidst the ongoing US-Iran conflict

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Try the platform free

Free. No signup, no card.

Context

This move could be driven by either a supply-side adjustment or rising local consumption needs, and may influence the broader gasoil supply picture within the EU. Traders should monitor how this aligns with ongoing supply trends from key producers and its implications for other commodity prices.

Energy · last 90 days

Recent headlines that moved markets

ENERGY/8 Sept · 05:23 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Brent Nov'26, after we published+1.0%

Steady upside of around 1% was seen across the crude complex following this update.

ENERGY/3 Sept · 08:03 UTC

Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement.

with Brent Nov, after we published−1.3%

ENERGY/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

- Brent (V6), after we published+1.2%

ENERGY/27 Aug · 17:46 UTC

The Trump administration has repeatedly told mediators it has no interest in going back to the terms of the MoU it reached with Iran in June, reports WSJ citing sources

Brent crude, after we published+1.4%

ENERGY/25 Aug · 19:26 UTC

A ceasefire between the US and Iran has been agreed upon, it includes free navigation in the Strait of Hormuz and will be announced in the coming days, reports Ria citing Pakistani and Iranian sources

Brent crude, after we published−2.4%

ENERGY/7 Sept · 10:54 UTC

Saudi Aramco Jizan oil facilities were reportedly hit in new strikes, the FT reports citing sources; hit on Monday, damage is being assessed.

Brent Nov'26, after we published+0.5%

Newsquawk Daily

Get both market opens in your inbox.

This note and the other one — the EU open and the US open, every business day, written by the desk. No account needed.

Related headlines

The whole workspace, free to try.

© 2026 Newsquawk. All rights reserved.