Reuters exclusively reports Iraq cuts crude oil supplies for most Indian refiners in 2021 | Reuters News Agency

Reuters exclusively reports Iraq cuts crude oil supplies for most Indian refiners in 2021

Reuters exclusively reported that Iraq has cut oil supplies to Indian companies by 20%, in a rare move by OPEC’s second-largest producer to meet its obligations towards the group. India, the word’s third biggest importer, will have to turn to spot markets to make up for the shortfall.

Article Tags
Type: Reuters Best
Sectors: Commodities & Energy
Regions: AsiaMiddle East
Countries: IndiaIraq
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. Picture taken November 22, 2019.  REUTERS/Angus Mordant
Sign up for email updates
Subscribe
Sign up for email updates