imagine
By Paul Wightman
At a glance
- Beginning in June, US grade WTI Midland will be one of the deliverable crudes used as one of the streams in the Dated Brent pricing mechanism
- Russian crude oil exports to the EU fell to 1.4 million barrels a day in November 2022, while US crude oil exports to the region surged to more than 1.5 million barrels a day
The volume of US crude oil exported to Europe has risen sharply in recent months and is expected to remain high as the region…