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The Crude Report: The TMX series - As volumes hit the water, markets and prices emerge
Manage episode 428007752 series 3583366
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The start of waterborne loadings from the 590,000 b/d Trans Mountain Expansion (TMX) pipeline is already providing a glimpse of how markets and prices will evolve around this new development. While still in its early stages, the new flows of heavy Canadian crude are having some impact on global markets and have shown to be perhaps less competitive than initially expected. Join Argus’ crude and LPG editorial manager Gus Vasquez and Pacific coast reporter Rachel McGuire in discussing the most recent developments and price behaviour.
Key topics covered in the podcast:
- Canadian crude pricing as initial volumes hit the water
- Insights into who is buying and where the flows are headed
- How logistics are developing to meet challenges in Vancouver
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