Post Tagged with: "Crude oil exports U.S."

Source: Eric Gay, STF / Associated Press

Oil trading in U.S. Gulf dries up as tanker rates skyrocket

Source: Houston Chronicle


Soaring oil-tanker costs are drying up activity in the U.S. export market as sellers are slow to lower offers and buyers are skittish, according to market participants.

Some sellers have held back from offering cargoes, while others …

South Korea Tests U.S. Super Light Oil as Iran Waiver Uncertainty Escalates: Reuters

South Korea Tests U.S. Super Light Oil as Iran Waiver Uncertainty Escalates: Reuters

From Reuters

South Korea has begun testing super-light U.S. oil sold by Anadarko Petroleum Corp as a substitute for Iranian crude while it awaits word from Washington on whether it can keep buying oil from the Middle Eastern nation, sources …