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Commodity · ▼ Bearish · 1 source confirmed · 2026-09-23 09:07 UTC

Iraq offers prompt heavy oil cargo via tender, document shows - Reuters

Why now

Thesis: Additional Iraqi supply weighs on near-term crude

Catalyst to watch: Tender results and OPEC+ supply decisions

Main risk: Demand strength could absorb the extra barrels

Why it matters

Iraq offering prompt heavy crude adds near-term supply, softening the physical oil market.

Related assets & topics

Oil

Sources

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