Friday, January 24, 2025

Netherland Sewell Heading to Asia

Growing volume of U.S. crude oil exports begs the question: ‘what is the Permian?’ Reuters recently reported “a flotilla of tankers” was heading to Asian ports carrying ten million barrels of U.S. produced crude oil, with some of those barrels destined for Singapore. In fact exports of U.S. crude oil have been on a steep increase in recent months. Shipping data