EIA Update 2023. OPEC, Russian Oil Cargoes, “Ship to Ship Market” #crudeoil #oildemand #oilmarket

OPEC's actual output is down from its proposed quota while China's oil demand estimates continue to look rosy. The EIA has a fairly realistic outlook for oil demand from China, yet on the other hand Russia's seaborne shipments have remained strong. Mark connects the dots on all of these factors for a well-rounded overview.

We track operators and pumpers by location and offer accurate basin forecasts for active spreads each and every week of the year. We also track refracs, consumables, NGLs and cover unique macro data points that will help drive decisions.

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#opec #chinaoildemand #russiaseaborne #russiacrudeoil #eiaupdate #oilmarket