Iraq sets floor prices for September Basrah Medium exports outside Hormuz
Iraq’s SOMO is seeking bids in a September tender for Basrah Medium loading outside the Strait of Hormuz, using floor prices set in the tender document.
By Nidhi VermaIraq has set floor prices for its Basrah Medium oil offered via a tender for loading in September from outside the Strait of Hormuz, a tender document reviewed showed on Tuesday.Iraq's national oil company SOMO is asking participants in its tender, issued last month, for a…