Asia’s share of US crude exports wanes as flow shifts to Europe

Capt. John

The share of US crude in Asia’s overall import basket has fallen sharply in 2022 so far as leading buyers shift to attractively priced Russian crudes, as well as supply from other origins, to meet the revival in demand as pandemic restrictions ease, analysts told S&P Global Commodity Insights....

https://www.spglobal.com/platts/en/market-insights/latest-news/oil/112222-asias-share-of-us-crude-exports-wanes-as-flow-shifts-to-europe

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon