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Added Apr 21, 2021

Latin America road fuel oversupply growing in April

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Latin America imports of gasoline & diesel are on track to hit a 13-month high of 1.93 mn b/d in April.  We see the steady increase in Latin American clean refined product imports as more of a push from suppliers than a demand-driven pull, with growing volumes of gasoline and diesel already heading towards Caribbean storage.

LatamDiesGasExportsChart-1

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