Iraq continues to offer steep discounts on its crude exports to international buyers. The recent purchase for October deliveries highlights a persistence of low pricing for Iraqi barrels relative to standard regional benchmarks.
Wednesday, October 21, 2026
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Indian Oil Buys Iraqi Oil at $28 Discount to Dubai
Commodities23 days ago
Indian Oil Corporation obtained shipments of Iraqi crude for the October 21 to 31 lifting window through a competitive tender. The petroleum company purchased the oil at a price $28 per barrel below the Dubai benchmark, according to sources.
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