Category: Archive

Algeria Feeling the Brunt of US Shale

Algeria delivers the majority of its crude and condensate to the European market. Deliveries to Northwest Europe, Algeria’s top customer, have been running at an average of 314,000 barrels per day through the first 10 months of 2019, some 15

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October Review of Global LNG Flows

Global exports of liquefied natural gas in October totaled approximately 30.8 million tons on board 507 vessels, considerably higher than October 2018’s pace of 27.6 million tons. Approximately 28.1 million tons arrived on 463 vessels at import terminals in October,

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Mexico and Venezuela: Losing on IMO 2020.

The implementation of the IMO sulfur cap on marine fuels will change Latin American flows because of the impact on demand and prices for heavy-sour grades of crude oil. Many Latin American suppliers produce the heavy-sour crude good for production

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Exit From OPEC Boosts Qatari Oil Exports

Qatar’s oil and condensate exports are at a three-year high, having climbed consistently in 2019 after its December decision to leave OPEC. Doha’s decision to quit the oil cartel at the start of 2019 has meant that its oil production

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