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West Africa’ Crude Exports To Asia Set To Edge Higher In May

Oil

West Africa’s crude oil loadings to Asia in May are scheduled to increase by 152K b/d m-o-m to a two-month high of 2.08M b/d, Reuters reports. The m-o-m rise is set to be driven by increased exports to China (+81K b/d), Indonesia (+28K b/d) and Taiwan (+29K b/d).