- BP plans to ship 1M barrels of U.S. crude to Thailand and Australia for the first time, as the company steps up U.S. oil exports to meet demand in the Asia-Pacific region, Reuters reports.
- BP has sold 300K barrels of crude to Thailand's PTT PCL and the remaining 700K barrels will head to Australia to be processed at BP's refinery, according to the report.
- The cargo would add to at least four shipments of U.S. crude by BP to Asia earlier this year after the U.S. government lifted a decades-old ban on crude exports late last year.