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Crude Alert - WTI/Brent - Pipeline tariffs remain low keeping diffs narrow

Published: 25 September, 2020

Highlights:

  • Seaway tariffs to remain low keeping WTI Cushing/MEH diff narrow
  • Canadian inbound volumes to the US capped by lack of price incentive for crude by rail
  • Strong global demand for light crudes and returning Libyan barrels will see the MEH arb to Europe close up

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