Highlights differentials Urals shipments to China, India, upend traditional crude flows Canadian heavy crude increasingly is flowing more to the US Gulf Coast since new pipeline capacity recently came online, but those barrels also are being priced now to be re-exported worldwide from Texas and Louisiana ports with previously unexpected competition from record US Strategic Petroleum Reserve releases and even from the Russian Urals now flowing to China and India. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Russia’s war in Ukraine and the resulting global sanctions have upended crude flows worldwide and that is no different in North America. The timing just happens to coincide with the ending of Canada’s longstanding pipeline bottleneck into the US after the fourth-quarter completion of Enbridge’s Line 3 pipeline replacement project, […]