Black Sea CPC blend oil exports set at 1.8mln BPD for May (vs. 1.65mln BPD in April plan), according to reports

The increase in Black Sea CPC blend oil export levels to 1.8 million barrels per day (BPD) in May, up from 1.65 million BPD planned for April, signals a bullish supply outlook. This rise may alleviate some tightness in the oil markets and could impact pricing for WTI and overall commodity sentiment, especially if sustained export levels are maintained into the following months.