Asia jet fuel exports to US West Coast to hit 1-year high in May
SINGAPORE/NEW YORK (Reuters) -Asia's jet fuel exports to the U.S. West Coast are expected to hit at least a one-year high in May, according to shiptracking data and three trade sources, as refinery outages in California boosted prices and import demand. The exports for May, mostly from South Korea, are pegged at nearly 600,000 metric tons (4.28 million barrels), according to shiptracking data from Kpler and estimates from two of the sources. The exports were last at similar levels in February of last year, the Kpler data showed.
•
55 minutes ago
Sony says spin-off will give financial arm its own fundraising capabilities
