CPC raises oil exports to record-high 70.5mln T in 2025 (prev. 63mln T in 2024) and exports via CPC declined to 3.98mln T in December (prev. 5.09mln T in Nov), via source reports

CPC raises oil exports to record-high 70.5mln T in 2025 (prev. 63mln T in 2024) and exports via CPC declined to 3.98mln T in December (prev. 5.09mln T in Nov), via source reports.

The announcement of CPC's plan to raise oil exports to a record-high level in 2025 suggests a bullish outlook for crude oil supply dynamics, potentially impacting global prices as demand and supply forecasts are reassessed. However, the recent decline in December exports indicates short-term challenges that may lead to volatility in the market. Traders should watch for market reactions to both the long-term export projections versus the current slowdown, as this could influence oil prices and related commodities.