TotalEnergies Offers Iraqi Oil to Asian Buyers as Supply Swells

🌐 Bloomberg (IQ) —

AI Summary

TotalEnergies SE is offering millions of barrels of Iraqi crude oil ready for delivery to Asian buyers, increasing the already ample supply in the oil market. This move by the French energy major reflects market trends of growing crude availability from Iraq.

French oil major TotalEnergies SE is offering millions of barrels of Iraqi crude that can be promptly delivered to Asia, according to traders, adding to a market already brimming with supply.

Markets Commodities Energy TotalEnergies Iraq crude oil Asian market energy supply oil market

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