Iraq's fuel oil exports exceeded 2.15 million metric tons in October, the highest monthly volume on record, based on Kpler and LSEG data.
This was coupled with a seasonal decline in domestic demand of about 100,000 barrels per day from the previous month, said Palash Jain, Middle East oil market consultant at FGE.
...
FGE's Jain said volumes may taper off from October highs in the next couple of months when Iraq starts winter stockpiling to meet heating demand.