The fallout from the coronavirus and the collapse of the OPEC+ supply cut agreement have dealt US shale producers a massive blow. How the sector ultimately fares might depend on where US oil exports are headed.
US crude exports climbed above 4 million b/d in the last week of February, but will that represent a peak for this year and beyond?
Port of Corpus Christi CEO Sean Strawbridge joined Platts senior editor Jordan Blum in Houston to talk about how US exporters are weathering this storm.
Related podcasts
Part 1: Volatility in global markets creates havoc for upstream US oil, gas and LNG
Part 2: Plunging oil prices, pandemic having dramatic downstream impact