The first US crude export that loaded earlier this week at a newly converted grain dock in Corpus Christi, Texas, was spotted Wednesday bound for the United Kingdom. Receive daily Continue Reading
Enbridge will gain an option to purchase a stake in Enterprise’s Sea Port Oil Terminal if the offshore Texas project wins a deepwater port license. Enbridge Inc. and Enterprise Products Continue Reading
The US has cemented its status as a net exporter in world oil markets, a sharp reversal from past years that could affect its ties to foreign allies. The top oil Continue Reading
China’s gasoline exports surged 168.4% year on year to hit a fresh high of 1.73 million mt in October, but gasoil outflow fell to a 13-month low of 1.19 million, Continue Reading
The 5-percent tariffs China imposed on U.S. crude oil imports two months ago could challenge the growth prospects of overall exports, economists gathered for an industry event have warned. “China’s Continue Reading
The US this month will again be the world’s largest oil consumer, but also a net petroleum exporter for this first time, a historic shift that may complicate international requirements Continue Reading
Total volumes of US-origin crude exports are expected to see minimal impacts from spike in US Gulf Coast-loading VLCC freight rates of more than 128% since September 25, as a Continue Reading
U.S. crude exports are expected to reach nearly six million bpd by 2022, according to Rystad Energy. The U.S. could see its crude oil exports nearly double by 2022, according Continue Reading
U.S. crude oil exports jumped by nearly 1 million bpd in the first half of 2019 from the same period in 2018 to average 2.9 million bpd between January and Continue Reading
Donald Trump has threatened to continue escalating the United States’ trade war with China by introducing another round of tariffs on exports from the world’s second-largest economy. This time the Continue Reading
