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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 Apiay Blend grades, which combined represented around 3% of the country’s total crude exports. The […]
Tags: Acordionero, Apiay, Colombia, CPP, crude, latam, oil, US, USG, WTI -
A Small Country Playing a Big Role
Ecuador, who recently pulled out of OPEC, is playing a key role in the downstream sector on the U.S. west coast, as rising exports to the region make it one of the area’s main crude suppliers. Last year, Ecuador’s crude oil exports averaged around 425,000 barrels per day, the fastest annual pace on our records. […]
Tags: Ecuador, Napo, oil, Oriente, USG, USWC