🎙 𝗣𝗼𝗱𝗰𝗮𝘀𝘁 | 𝗖𝗿𝘂𝗱𝗲 𝗥𝗲𝗽𝗼𝗿𝘁: 𝗧𝗵𝗲 𝗧𝗠𝗫 𝘀𝗲𝗿𝗶𝗲𝘀: 𝗧𝗠𝗫 𝗮𝘃𝗮𝗶𝗹𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗶𝗻 𝗔𝘀𝗶𝗮 𝗵𝗶𝘁𝘀 𝗨𝗦𝗚𝗖 𝘀𝗼𝘂𝗿𝘀 | 𝗔𝗿𝗴𝘂𝘀 𝗠𝗲𝗱𝗶𝗮 The rise in the availability of TMX volumes in Asia, specifically in China, has affected the US Gulf coast, but not in the ways that were expected. Canadian crude prices and flows into the US have not changed all that much, but the US Gulf coast medium sour markets are certainly now feeling the pinch. Mars exports to China are at an all-time low, weighing on their prices and impacting medium sours that either price against it or compete as an alternative supply into regional refineries. Join Argus’ crude and LPG editorial manager Gus Vasquez and Americas Pipeline Crude Reporter Mykah Briscoe in discussing the most recent developments in TMX. Key topics covered in the podcast: • Volumes of Canadian crudes coming into the US and impacts on Cushing • Canadian heavy prices at Houston • How medium sours are feeling the pinch from increased Chinese buying of TMX volumes Listen the Podcast HERE: https://okt.to/ODnXBq #crudeoil #arguscrude #tmx #canadiancrude
