TSX:PWT - Post Discussion
Post by
makedonka on Jun 26, 2017 2:23pm
Saudi Crude Oil Loadings Drop
"
We discussed back in early May how Saudi Arabian crude export loadings in April had dropped materially. Given the journey time to US shores (hark, seven-ish weeks), the expectation was that we would start to see lower volumes reflected in the June data. And sure enough, as we prepare to exit June stage right, arrivals are on the decline." https://oilprice.com/Energy/Oil-Prices/Oil-Prices-Inch-Higher-As-Saudi-Crude-Oil-Loadings-Drop.html
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