Tuesday, July 14, 2026
Cushing oil storage tanks -oilandgas360

Infected U.S. Shale Oil Is Being Turned Away by Asian Buyers

From Bloomberg The complex web of U.S. pipelines, tanks and export terminals that’s helped make America the world’s top oil producer is causing a headache for some crude buyers. As various types of crude pass through the supply chain from inland shale fields spanning Texas to North Dakota, they risk picking up impurities before reaching Asia — the world’s biggest

U.S. Oil Projects Begin to Falter as Producers Curb Spending

From Reuters The number of pipeline and storage terminal projects proposed to move shale to the U.S. Gulf Coast has dwindled amid steps by oil producers to pare exploration spending. Last year, booming West Texas production overwhelmed existing pipelines out of the region, sinking local prices and helping launch nine projects proposing to add 5.4 million barrels per day (bpd)

Asia’s Vanishing Gas Premium Leaves Europe as Swing Buyer

From Bloomberg Asia is no longer the premium market for liquefied natural gas. The key benchmark in the world’s biggest LNG consuming region, S&P Global Platts’ Japan/Korea Marker, has dropped below Dutch Title Transfer Facility prices for the first time since April 2016, according to data compiled by Bloomberg. Five years ago, it wasn’t uncommon for JKM to trade at nearly