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May 19, 2022
1:23:51pm
dex13 All-American
At least some of the spr oil is going to Europe
Or at least displacing some domestic production there. Tanker tracking data has shown some spr light crude head that way. Total Exports since March are up about a million barrels a week vs the previous several years and crude up about .5 million over 2021.

I also suspect releases might not be the right gravity/sulfur content for many refineries. Getting the supply chain worked out for the right blends might be part of the problem.
dex13
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dex13
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5/19/22 8:09am

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