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Indian Oil raises Iraq oil supplies to offset Mexico cuts: Report

  • shahpurturkcsc
  • Feb 9, 2022
  • 1 min read

Indian Oil Corp (IOC), the country’s top refiner, will increase crude purchases from Iraq by 11.5% in 2022 to 390,000 barrels per day (bpd), partly to make up for a shortfall from Mexico and a possible supply cut from Kuwait, two sources familiar with the matter said.

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