• Crude Report: The TMX series: TMX availability in Asia hits USGC sours

  • Nov 21 2024
  • Length: 10 mins
  • Podcast

Crude Report: The TMX series: TMX availability in Asia hits USGC sours

  • Summary

  • The rise in availability of TMX volumes in Asia, specifically in China, has affected the US Gulf coast but not in the ways that had been expected. Canadian crude prices and flows into the US have not changed all that much, but the US Gulf coast medium sour markets are certainly now feeling the pinch. Mars exports to China are at an all-time low, weighing on their prices and impacting medium sours that either price against it or compete as an alternative supply into regional refineries.

    Key topics covered in the podcast:

    •   Volumes of Canadian crudes coming into the US and impacts on Cushing
    •   Canadian heavy prices at Houston
    •   How medium sours are feeling the pinch from increased Chinese buying of TMX volumes
    Show More Show Less

What listeners say about Crude Report: The TMX series: TMX availability in Asia hits USGC sours

Average Customer Ratings

Reviews - Please select the tabs below to change the source of reviews.

In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.