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Persistent increase in domestic crude (Bakken, Permian, EF, etc) production, wide LLS-Brent (less incentive to pull WTI bbls for refineries with LLS access - I think), BP Whiting's hydrotreater coming online (can process more Canadian, which will displace Cushing bbls).

Dunno, I can also say that the GC refineries are the most advantaged in the world and have every incentive to run all out.

 
android411

Persistent increase in domestic crude (Bakken, Permian, EF, etc) production, wide LLS-Brent (less incentive to pull WTI bbls for refineries with LLS access - I think), BP Whiting's hydrotreater coming online (can process more Canadian, which will displace Cushing bbls).

Dunno, I can also say that the GC refineries are the most advantaged in the world and have every incentive to run all out.

Thanks so much for this. Increasing supplies is exactly what I'm striving to zone-in on, but I'm unsure if the trend would continue into the near future. Never really followed the energy markets so this is all fairly new to me.

To your bemusement, I'm looking to prepare a CAD rates trade that requires analysis of WTI crude... Go figure.

 

Good research costs money, spend it here:

www.energyaspects.com www.jbcenergy.com www.rnbenergy.com (free daily blog) www.genscape.com

If you have a terminal, Bloomberg's First Word service has improved massively over the past 6 months and gives a reasonably good factual wrap of market sensitive news, refinery outages and prices every morning. They also do a daily note (oil market daily, or something) which is a Platts type document with pricing, news and views.

I have also found just googling to be pretty good too. You often find bloggers who know their stuff and are happy to share views.

 

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