Tag: US oil imports

Record Saudi Flows vs Tariff Woes

I was on CNBC Asia last night, discussing the potential for a synchronized production cut – or the prospects of US oil tariffs – amid rampant Saudi crude loadings in recent weeks. We discussed whether the threat of US tariffs

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Back to the Future

Today’s blog takes a look at how Saudi crude exports to the US have dropped precipitously, while Iraqi imports have been gradually rising.

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ClipperClip: The Kicker

Last night on CNBC Asia we addressed US crude draws in the US – due to higher exports, lower imports and record refinery runs – and a potential product glut.

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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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