ClipperBlog

03 November

Changing crude grades to US shores

Last week we discussed how flows from Saudi Arabia into the U.S. were about to be surpassed by Iraq for the first time since 1985 (teeing up Back to the Future / Carly Simon / Tears for Fears references). With October closing out, this has now become fact. Such a reversal highlights Saudi Arabia's ongoing willingness to give up market share...even if other cartel members are not.

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Tagged US crude imports, API crude grades Leave a comment

About the Author

Matt Smith deciphers and distills what is most relevant across the energy complex into cohesive and pithy knowledge you can use. The belly laugh is a bonus.

Matt Smith

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