Author: Karim Bastati

Global Crude Weekly

Given the lack of market reaction following the recent supply fallout in Libya, extending and even deepening production curtailments under the OPEC+ plan might just not cut it.

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Domestic Crude Oil East

December was not only a record month for shale crude exports from the US Gulf Coast but also for exports of offshore produced-crude, which at 262,000 barrels per day reached the fastest monthly pace in a year.

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Global Crude Weekly

Markets shrugged off recent events in Libya as oil prices barely moved on the news. This could point to a saturated market with plenty of spare capacity, or could reflect expectations of quick resolution to the disruptions.

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Domestic East

Strong US crude oil production in 2019, heightened pipeline deliveries from Canada and lower refinery runs pushed US Gulf Coast oil imports lower, falling 35% from 2018.

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Global Crude Weekly

The flow of Urals to Northwest Europe suffered a blow with the start-up of production at the Johan Sverdrup field in the North Sea.Plummeting prices for HSFO, a direct result of the IMO 2020 regulations, led several refiners in Northwest

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Domestic East

Our observed loadings make it seemingly impossible for the US to have hit a new record pace of exports to close out 2019.

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