NewzA surplus of heavy crude oil has emerged in the Americas due to significant logistical constraints in freight transportation. This bottleneck has prevented the efficient export of oil, leading to an accumulation of supply within the region.
Simultaneously, markets in Asia and Europe are experiencing supply shortages, prompting an urgent search for available barrels to meet their energy demands. The disconnect between regional supply gluts and international demand highlights current challenges in global energy distribution and shipping capacity.
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