Refinitiv reported traders on Monday said Iraq’s State Organization for Marketing of Oil (SOMO) and QatarEnergy have launched rare tenders requiring buyers to load cargoes within the Strait of Hormuz. SOMO is offering September-loading Basrah Medium and Basrah Heavy, with loading at the Basrah oil terminal or single-point moorings and associated facilities. QatarEnergy is offering September- and October-loading Al Shaheen, Qatar Marine and Qatar Land crudes, loaded at their respective Qatari ter

2026-08-24

Refinitiv reported traders on Monday said Iraq’s State Organization for Marketing of Oil (SOMO) and QatarEnergy have launched rare tenders requiring buyers to load cargoes within the Strait of Hormuz. SOMO is offering September-loading Basrah Medium and Basrah Heavy, with loading at the Basrah oil terminal or single-point moorings and associated facilities. QatarEnergy is offering September- and October-loading Al Shaheen, Qatar Marine and Qatar Land crudes, loaded at their respective Qatari terminals. Tenders close Aug. 25.

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