Tag: Saudi oil exports

Bringing Home the Bagels

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.

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Up, Up and Away

Oil in transit has been ramping up strongly in recent months, as more supply has come to market than expected. This could be interpreted as bullish, if it were not for rising floating storage volumes on a global basis.

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Increasing Tensions, Increasing Flows

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.

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ClipperClip: Covering all bases

My latest appearance on the TD Ameritrade Network covered all manner of topics, including geopolitical tension with Iran, Saudi’s balancing act, contango in the Brent market, trade wars, even a bit of gasoline at the end.

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Reality bites

Today’s blog looks at the progress – or lack thereof – of the OPEC production cut deal through its first six months, illustrating how crude remains plentiful.

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The Hangover

Today’s blog looks at the ongoing OPEC production cut deal, and what needs to be done in terms of exports for the cartel to achieve its goal.

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