Commodity Market Report

North America crude markets: Brent-WTI, Permian rigs vs DUCs, Mars premium, infrastructure update

Get this report

$1,800

You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

- Available as part of a subscription
- FAQ's about online orders

06 October 2017

North America crude markets: Brent-WTI, Permian rigs vs DUCs, Mars premium, infrastructure update

Report summary

The wide Brent-WTI spread remained in focus in September, averaging above $5/bbl for the month. Return of USGC refiners to normal operations is being modestly offset by PADD II maintenance season, weighing on crude demand at the Cushing hub. Regional crude flows still appear to be distorted, with two consecutive US crude inventory draws but two Cushing stock builds. Mars has recently been trading at a rare premium to WTI, as OPEC cuts have lifted global medium prices and the wide Brent-WTI spread makes exports out of the Gulf Coast more attractive. Canadian pipeline projects continue to evolve, as TransCanada officially terminated Energy East and Kinder Morgan's Trans Mountain pipeline ran into trouble with the National Energy Board. 

Table of contents

  • Executive summary

Tables and charts

No table or charts specified

What's included

This report contains:

  • Document

    North America Crude Markets short-term outlook October 2017.xlsx

    XLSX 376.17 KB

  • Document

    North America Crude Markets short-term outlook October 2017.pdf

    PDF 1.64 MB

  • Document

    North America crude markets: Brent-WTI, Permian rigs vs DUCs, Mars premium, infrastructure update

    ZIP 1.85 MB

Other reports you may be interested in

Browse reports by Industry Sector