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Crude Alert - China eyes TMX start-up, but will it give up PADD 3 loadings for good?

Published: 8 May, 2024

Highlights:

  • China will regain India’s share of Venezuelan crude with the expiry of US sanctions relief and widening discounts.
  • More heavy sour crude will head to China as the TMX project ramps up. China will load its first cargo from Vancouver next week.
  • While switching the export loading point from US PADD ...

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