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Blueberry season over for gas producers in the BC Montney?
Over a year after well permitting was halted, a definite resolution has yet to be reached on development in gas-rich British Columbia (BC). While d...
Brent-WTI spread hits two year high
The Brent-WTI differential remains wide at around $6 per barrel, its widest level since prior to the crude export ban lifting in late 2015. It incr...
Political risk and spare productive capacity
OPEC spare productive capacity is a crucial oil market indicator, showing how much production could be brought online if supply was curtailed by a ...
Propane tightens to historic highs amid crude oil doldrums
Propane prices at Mont Belvieu gained $0.25/bbl to close August 1 at $31.04/bbl (73.9 cpg) or 63% of WTI, even as WTI prices dropped by $1.01/bbl t...
Reaching tidewater: Assessing US Gulf Coast crude loading capacity
Over the previous five years the US has vaulted up the list of crude exporting nations at a breakneck pace. Prior to the COVID market downturn, US ...
Red Sea crisis leads to stronger bunker demand
The Red Sea remains one of the critical global chokepoints for international trade. For oil, an average 8.5 million b/d of crude oil and refined pr...
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