Iraq's crude price against the Dubai benchmark
≈−18latest · 2026-08
CALCULATED · 2026-08 · ON A PROVISIONAL READING
Provisional — from SOMO’s monthly statement. The statement gives rounded figures, so a price or daily rate derived from them is shown to the dollar and the ten thousand barrels; SOMO’s chart page, the typed record, replaces this reading the day it carries the month.
What Iraq actually got for a barrel against the Gulf benchmark its main grade is priced off. Below zero, Iraq sold under Dubai — discounts to keep buyers, distressed sales, or the grade mix; above it, the month leaned on barrels priced off a dearer benchmark.
VS 2026-06−$1.58VS YEAR AGO−$18.48COMPARE →HIGH · FULL RECORD+17.282026-04LOW · FULL RECORD−18.062026-08OBSERVATIONS31
≈−18 USD/bbl vs Dubai · 2026-08-31 · PROVISIONAL
Hollow markers are provisional readings from SOMO’s statement, replaced when the chart page carries the month