Geopolitics

Brazilian crude exports fell by roughly 30%

Brazilian crude exports fell by around 30% to 5.47mn t in August compared with July, partly reflecting congestion at Chinese ports caused by severe floods in the Yangtze basin. However, crude outflows were up almost 15% compared with August 2019, according to preliminary data from Brazil’s trade ministry MDIC.

Source: Argus Media

Categories: Geopolitics, Industry