In April, a significant decline in Saudi crude oil shipments to China – the largest buyer of this resource – is expected. Sources in the trading sphere have indicated that the volumes will drop to their lowest levels in over a year. Experts primarily attribute this trend to technical maintenance at Sinopec refineries in China.
In January, Brazil's trade surplus experienced a significant drop of 65.1% compared to the same month last year. This decline was attributed to a robust increase in imports alongside a drop in exports, highlighting key dynamics in the country's trade landscape.