Key topics covered
- Freight rates are direct from Vancouver to LA and China, and potential transfers to VLCCs are off the coast of California or Panama.
- The surprisingly transparent delivered crude market at the Chinese coast, and which benchmarks (and which months of those benchmarks) are most relevant.
- Uncover the impact of a new Mexican crude grade – Zapoteco – and a fresh wave of Guyanese crude at the US west coast on TMX crude's potential to penetrate California. This intriguing development is just one of the many fascinating topics we delve into in this podcast.
- How to create a single computer dashboard to capture all these factors and more.
The Crude Report: Setting the crude price for TMX
Setting a price for heavy Canadian crude at Vancouver’s Westridge docks is a global endeavour, far beyond the confines of a TMX toll or the Edmonton price. To optimize the price at Vancouver, we delve into market information from Los Angeles to Shandong province in China, and from the Texas coast to the shores of Argentina, Ecuador, Colombia and Guyana.
Author Argus
