Not All Crude Is Created Equal

November 10, 2023

The U.S. is both a key importer and exporter of crude oil

It is hard to overestimate the importance of the United States in the tanker market.  It is a large importer and exporter of both refined products and crude oil, and as a result it generates a lot of ton-mile demand for tankers.  In this Week’s Tanker Opinion, we will focus on the role of the U.S. in the global crude oil trades, and what the future may hold in the context of potential changes in supply patterns.

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