ADNOC Trading buys millions of barrels of Iraqi crude
Abu Dhabi National Oil Co (ADNOC) has bought 72 million of barrels of discounted crude from Iraq’s state oil firm. The United Arab Emirates state company, through its trading arm, was the biggest lifter of Iraqi crude in August and September, two Iraqi energy sources said, helping boost Iraqi exports that had been severely curtailed in the earlier months of the war.
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