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5.1

ADNOC takes 14M barrels of Iraqi crude in September, boosting UAE supply

ADNOC has received 14 million barrels of Iraqi crude oil so far in September, indicating a significant increase in Iraqi oil flows to the UAE. This could reflect Iraq's efforts to diversify buyers or UAE's strategic stockpiling, potentially impacting regional oil trade dynamics. The exact terms and duration of the arrangement remain unclear.

Capital.gr1 day agoAE, IQCredibility 34%View source

Score Breakdown

Mosaic Score5.1
Confidence0.5
Significance0.5
Source credibility0.3

Intelligence Tags

#oil#crude#adnoc#iraq#uae#trade

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