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UAE’s Adnoc Imported Iraqi Crude Cargo

OIL

UAE’s Adnoc imported a crude oil cargo from Iraq in a rare move after upgrading the Ruwais refinery to process heavier and cheaper crudes, Bloomberg ship tracking data showed.

  • The tanker Orient M delivered a cargo of around 1mn barrels of Basrah crude from Iraq to Ruwais earlier this month, Bloomberg ship tracking data showed.
  • The 900kbpd Ruwais refinery completed maintenance last month, sources told Bloomberg.

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