PFC Energy put together a succinct list of key trends in oil markets in 2013, along with associated charts. These include US oil production growing faster than in any other year, cheaper crude inputs at refineries driving the US to become the world’s largest exporter of refined petroleum products, and the rising disconnect between international crude grades and US grades.
The consultancy has also compiled a list of key questions for 2014, one of which suggests that specific market dynamics could help push the US towards a loosening of crude export restrictions.
“Will Price and Job Dislocations Change US Crude Export Policy?”
Source: PCF Energy, Oil Markets in 10 Charts: 2013, The Year ofr Fraught Stability http://bit.ly/19Cc9Bo
The rest of the list is worth a look.
