Power & Market
Author:
Troy Vincent
Online Publish Date:
According to multiple ship-tracking data services such as Llyod’s List and Tanker Trackers, there are between 40 and 50 million barrels (bbl) of Saudi Arabian crude en route to the US at the moment. As such, US crude imports are set to surge in May. Although this level of imports seems unfathomable amid the current rout in US crude prices, it may