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OIL: Iraq’s Somo Sells Rare Qayara Crude Cargo via Tender: Argus

OIL

Iraq’s Somo sold a rare cargo of Qayara crude via tender to Valero for Oct. 8-10 loading, according to Argus.

  • The 0.5m bbl cargo was sold for Dubai/Oman average minus $38.30/b.
  • Somo had offered up to 2m bbl.
  • Qayara has an API typically around 15.6 and a sulphur content around 6.3%.
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Iraq’s Somo sold a rare cargo of Qayara crude via tender to Valero for Oct. 8-10 loading, according to Argus.

  • The 0.5m bbl cargo was sold for Dubai/Oman average minus $38.30/b.
  • Somo had offered up to 2m bbl.
  • Qayara has an API typically around 15.6 and a sulphur content around 6.3%.