Core point: 1. The International Energy Agency forecasts that U.S. oil production will increase by another 950 Kb/d by 2023 while domestic oil demand remains virtually unchanged. 2. We expect more crude oil exports from the U.S. Gulf in 2023 but fewer incremental barrels from Europe. 3. As a result, we expect VLCCs to be less competitive in transatlantic trade, with Suezmax and Aframax regaining market ...
Five U.S.-listed Chinese state-owned companies unexpectedly announced plans to delist from US exchanges over SEC audit requirements. In separate filings on the Hong Kong Stock Exchange, PetroChina$中石油(PTR.US)$, China Petroleum & Chemical$中石化(SNP.US)$, China Life Insurance$中国人寿(LFC.US)$, Sinopec Shanghai Petrochemical$上石化(SHI.US)$, and Aluminum Corp. of China$中国铝业(ACH.US)$, some of...
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專欄Expert Meeting Minutes | Oil transportation tariff interpretation and outlook exchange points
1. The International Energy Agency forecasts that U.S. oil production will increase by another 950 Kb/d by 2023 while domestic oil demand remains virtually unchanged.
2. We expect more crude oil exports from the U.S. Gulf in 2023 but fewer incremental barrels from Europe.
3. As a result, we expect VLCCs to be less competitive in transatlantic trade, with Suezmax and Aframax regaining market ...
Five Chinese US-Listed Giants Announce Delisting Plans Over Audits, May Spark $2.4 Trillion Exodus
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