OPEC Shuts Down Oil Shipments to U.S. Refiners: Iraqi Oil Surges

OPEC Shuts Down Oil Shipments To U.S. Refiners: Iraqi Oil Surges

by Volubrjotr

U.S. refiners are receiving smaller shipments of oil from members of the Organization of Petroleum Exporting Countries (OPEC) due to the bloc’s production cut agreement, according to a new report by Bloomberg. Weekly crude imports from seven bloc nations dropped by 14 percent last week, the Energy Information Administration said. The fall brings import levels […]

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