Somu launches second fuel oil tender

An official document revealed that the Iraqi Oil Marketing Company (SOMO) is issuing its second tender of the year to purchase more than 440,000 tons of fuel oil containing 2,500 parts per million of sulfur, intended for delivery from September to December. The first shipment of 40,000 tons is expected to be delivered before September 15. The purpose of the tender is to meet the needs of the industry and transportation, reflecting the company's efforts to secure fuel supplies amid market fluctuations and rising oil prices that have surpassed $95 per barrel.

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