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West Africa’s Loadings To Asia Set To Rise To 6-Month High

Oil

West Africa’s crude oil loadings to Asia in August are expected to increase by 367K b/d m-o-m and 490K b/d y-o-y to a 6-month high of 1.41M b/d, Reuters reports, citing loading schedules. Over the first 8 months of 2017, West African shipments to Asia are expected to average 1.26M b/d, up from an average of 987K b/d during the same period in 2016.