No. 06



Most Iraqi Crude Moving To The US

While most of the European andAsian end-users are shying away from Iraqi crude at the moment, this is not thecase with US refiners, who are buying the overwhelming majority of Iraqi oilexports, MEES learns. Small nameplate companies are buying the oil from Iraqand selling it to traders who in turn sell it to US firms. The US firms demanda letter from the sellers that no surcharge outside the UNs jurisdiction isbeing paid to...