More Iraqi Crude to the US?
Based on our projections, Iraqi crude is not going to fill the potential gap left by Venezuela – it is focused on filling the void left by Iran instead.
Based on our projections, Iraqi crude is not going to fill the potential gap left by Venezuela – it is focused on filling the void left by Iran instead.
Today’s blog looks at Saudi deliveries to its Motiva Port Arthur refinery on the US Gulf, as well as the flows of Iraqi and Saudi barrels to other destinations such as India and South Asia.
US crude imports from Saudi Arabia have just hit a 16-month high, as tension increases between the two. Motiva’s Port Arthur refinery, among other things, mean Saudi energy flows are unlikely to be impacted by recent strained relations.
Today’s blog digs into changing flows of OPEC crude as Iranian oil exports are dialed back. While oil flows are holding up to some regions, such as Southern Europe, exports are dropping precipitously to others, such as India and Asia in general.
OPEC’s July crude exports, although lower than June, are considerably higher than the pace seen over the last year and a half. It appears that OPEC is starting a new trend of higher exports (although Iran and Venezuela could upset that apple cart) – analyst Kanan Mehra breaks down the details in our latest video feature.
Today’s blog digs into US imports of OPEC crude, and where flows have been dropping off from amid the OPEC production cut deal.
This morning’s appearance on CNBC discusses how Saudi Arabia is doing the heavy lifting of the OPEC cut, and why they will continue to call the shots.
Today’s blog compares and contrasts year-on-year exports from both Saudi and Iraq, highlighting changing flows between the two.
Today’s blog takes a look at how Saudi crude exports to the US have dropped precipitously, while Iraqi imports have been gradually rising.
Today’s blog takes a look at Iraqi imports into the U.S., Mexico product imports, producer hedging, and the Clean Power Plan.
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