Q1 Saw Saudi Arabia’s Crude Shipments To The US Rebound Somewhat From The 30-Year Lows Hit In 2h 2017...
...Japan, Which Overtook The US For #1 In 2015, Extended Its Lead Last Year. China Volumes Edged Up…
... But In Terms Of Chinese Imports This Hasn’t Been Enough To Stop Saudi Continuing To Lose Market Share To Russia, Which Pulled Further Ahead In Q1 As China Imported A Record 9.12mn B/D, And Iraq Which Supplied A Record 842,000 B/D In Q1
US Crude Output At Record 10.264mn B/D, Add In NGLs (4.02mn B/D For February) And Total Volumes Are Approaching 15mn B/D)