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Despite US crude export ban, lightly processed crude
Despite US crude export ban, lightly processed crude (condensate) deliveries to Canada and to Europe from the US increase 5 fold. US shale market share creeping higher despite the ME producers efforts to keep their market share. Implying that oil prices are there to stay at current levels or even decline when Iran goes online after the lift on embargo. Data from fuelfix.com, FT and Clipper.
Despite US crude export ban, lightly processed crude (condensate) deliveries to Canada and to Europe from the US increase 5 fold. US shale market share creeping higher despite the ME producers efforts to keep their market share. Implying that oil prices are there to stay at current levels or even decline when Iran goes online after the lift on embargo. Data from fuelfix.com, FT and Clipper.
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