Tag: US

ORIGIN BEAN CRUSH SLOWS AS CHINA GROWS

The USDA in October WASDE reduced Argentine old crop production by 700 tmt from Sep while reducing exports and crush, as Argentina loses competitiveness versus the US. Brazil crushers have also started  to feel the shortage of beans, despite previously

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US-China Energy Flows Belie Combative Rhetoric

Tension between the United States and China has ratcheted up in recent weeks amid increasingly hostile rhetoric. The global spread of the coronavirus has further hurt relations between Beijing and Washington, stoking the possibility of a new trade war amid

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The To and Fro of Mexican Flows

Mexican imports of petroleum products from China and South Korea doubled between 2018 and 2019, and though the United States remains by far its largest supplier, Asian refiners have gained market share in the Central American country. Last year, Mexico

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Colombia’s Give and Take with the US

Colombian crude oil exports last year were at the slowest pace on our records, although the export of new grades has helped temper a stronger decline. Last year, the South American country began exporting its heavy Acordionero and heavy sour

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Gasoline Import Weekly

Latin American deliveries of gasoline and related products to the United States have been absent for three weeks, though we did have another strong showing from India

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Brazilian Group II Appetite Grows

Exports of Group II base oils from the United States to Brazil grew for the third consecutive year in 2019 as Brazil’s demand for more advanced lubricant formulations continues to grow. US exports of Group II products to Brazil hit

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US Gasoline Imports Weekly

Northwest European imports came in at 186,000 bpd, triple the level from the previous week. This is also twice of the volume of the five-year average over the same period.

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Global Distillates

As some regions increased their market share in Northwest Europe last year, others faded away. The flow of middle distillates from the United States declined 18% from 154,000 bpd in 2018 to 127,000 bpd in 2019. The result of a

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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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