2024-04-03 06:15:42 ET
Adding to supply woes, Mexico's state energy company Pemex requested its trading unit to cancel up to 436,000 barrels per day of crude exports this month as it gets ready to process domestic oil at the new Dos Bocas refinery, an internal document reviewed by Reuters showed.
Investors will be looking ahead to an OPEC+ ministerial panel at 1100 GMT, which is unlikely to recommend any oil output policy changes according to three sources, having already decided to extend current cuts until June.
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