Why U.S. Oil Exports Are Only Heading Higher
The price differential between WTI and Brent continues to widen, briefly hitting $9 per barrel on Monday, the largest discount in about three years. (Click to enlarge) Discounts of this Continue Reading
U.S. record oil exports bite into Russia, OPEC market share in Asia
Record crude oil volumes exported from the United States will be heading to Asia in the next couple of months to take another piece of the market away from Russia Continue Reading
Market Movers Asia, May 28-June 1: Appetite grows for N. American crude; LNG summer trading off to strong start
Asian demand for North American crude oil looks set to increase further this week after a recent rally in physical Dubai prices, and the release of higher-than-expected Saudi Aramco official Continue Reading
Chinese, others clamor for crude exports, but U.S. straining capacity
The U.S. oil export infrastructure is straining to keep up as the country’s crude oil exports hit new highs and China snaps up more of it than ever before. U.S. Continue Reading
U.S. ports may be limiting export potential
There may be limitations for U.S. crude oil exports to long-distant economies because of limited port access for large-scale carriers, the government said. The United States is on pace to Continue Reading
U.S. LNG export reshaping global markets, government finds
The United States is on pace to become one of the largest LNG exporters in the world, federal data show. Photo courtesy of Royal Dutch Shell May 17 (UPI) — Continue Reading
U.S. Gulf Coast port limitations impose additional costs on rising U.S. crude oil exports
Weekly Petroleum Status Report U.S. crude oil exports averaged 1.1 million barrels per day (b/d) in 2017 and 1.6 million b/d so far in 2018, up from less than 0.5 Continue Reading
U.S. Oil Exports Continue To Break Records
U.S. crude oil exports broke yet another record , spiking to 2.566 million barrels per day for the week ending on May 11. With U.S. shale surging and export terminals Continue Reading
Foreign appetite for U.S. oil growing, IEA finds
Most of the oil coming from U.S. shale basins will find its way out of the domestic market and into the Asian and European economies, analysis finds. The U.S. federal Continue Reading
Cheniere to decide on Corpus Christi 3 LNG export terminal within weeks
U.S. liquefied natural gas (LNG) company Cheniere Energy Inc said on Friday it planned to make a final investment decision to build the third liquefaction train at its Corpus Christi Continue Reading