Global Oil Market Weekly Highlights

CRUDE TRADES
Surge in U.S. Crude Exports Reshapes European Market Dynamics.
U.S. crude oil exports to Europe are experiencing a notable rebound this month, impacting the prices of physical crude grades in Europe and Africa.
May 12, 2024
CRUDE TRADES
Factors Influencing the Deceleration of US Crude Oil Exports.
In recent years, the US has emerged as a formidable force in the global oil market, buoyed by robust shale production, particularly from the prolific Permian Basin.
May 11, 2024