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Chinese independent refiners boost Iraqi oil purchases as Iranian flows fall, traders say

Source: reuters.com

Energy Markets & PricesCommodities & Raw MaterialsTrade Policy & Supply Chain
Chinese independent refiners boost Iraqi oil purchases as Iranian flows fall, traders say

Chinese independent refiners increased purchases of Iraqi and Qatari crude for October and November delivery to offset dwindling Iranian supplies, traders said. The buying comes as exports from other Gulf producers through the Strait of Hormuz recover; the article gives no purchase volumes or price impact.

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