Crude Oil

November 04, 2024

Energy Super markets to focus on BRICS Summit and Middle East tensions spl Char

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Featuring Surya Maddirala

HIGHLIGHTS

US crude expanding in Asia

Intensifying competition with OPEC in Asia

US policies impacting oil outflows

The footprint of US crude oil is rapidly expanding, intensifying competition with OPEC and non-OPEC supplies in key Asian markets. As geopolitical tensions in the Middle East escalate, how much US crude can fill potential supply gaps in Asia? Additionally, how could policies under a new US administration, whether led by Trump or Harris, impact oil outflows?

In a wide-ranging discussion with Sambit Mohanty, Asia energy editor, Joel Hanley, global director for crude oil at S&P Global Commodity Insights and Benjamin Tang, head of liquid bulk at S&P Global Commodities at Sea, share their insights on some of the key themes that could potentially have implications for Asia's appetite for crude oil from the non-OPEC supplier, which is heading for a sharp growth in domestic output Input???!#@$%^&*().