US crude exports jump despite Europe, Asia arbitrage pressure | Hellenic Shipping News Worldwide
US crude exports jump despite Europe, Asia arbitrage pressure Weekly US crude exports jumped 1.1 million b/d to 3.36 million b/d over the week ended on Jan. 22, according to data from the US Energy Information Administration Jan. 27, despite difficult arbitrage economics. The rise took exports to their highest average weekly export level since the week ended on Jan. 1, and kept the four-week moving-average above 3 million b/d. The arbitrage for WTI MEH crude into Rotterdam against local Forties...
Platts Arbflow Us Energy Information Administration Jan Information Administration Purchasing Managers Index Northeast Asia Platts Analytics
Source: hellenicshippingnews.com