Inability to fully load larger and more cost-effective vessels has pricing implications for US crude oil exports U.S. crude oil exports averaged 1.1 million barrels per day (b/d) in 2017 and 1.6 million b/d so [Read more]
As supplies from Mexico, Venezuela and other competitors wane, Canadian supply increasing share of refining runs in world’s largest heavy oil market Supplies of Canadian oil sands heavy crude are increasingly being refined on the [Read more]
Previous years, Canada received most U.S. crude oil exports because exports to other markets were banned From late Aug. through Sept. 2017, Hurricane Harvey caused disruptions to the U.S. Gulf Coast refining sector, resulting in record-high U.S. [Read more]
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