Commodity Market Report

North America Crude Markets short-term outlook January 2019

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Global markets have been volatile, and oil has been no exception with Brent prices trading between $51 and $62 per barrel over the past month taking benchmark US prices with it. In this brief outlook we update our short term pricing views for North America and: - Latest infrastructure developments in Cushing and the associated pricing impact on WTI -Accelerated Capline reversal is now in play – what are the market impacts? -Logistical buildout continues into the eastern USGC market

Table of contents

  • Brent-WTI tightens on increased Cushing-USGC capacity
  • Capline Reversal takes a step forward
  • Eastern Gulf logistics buildout moves forward

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    North America Crude Markets short-term outlook January 2019

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    North America Crude Markets short-term outlook Jan 2019.xlsx

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