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A tight WTI/Brent spread doesn't stop US crude oil exports. Jeff Mower explains other factors affecting the arbitrage economics.

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Houston vacuum gasoil barges rise on ExxonMobil buying: trade
May 24, 2016
ExxonMobil went into the cash vacuum gasoil market as a buyer for a second straight day Tuesday during a unit outage at its Baytown, Texas, plant, and VGO found a seven-month high, market sources said.
Calling OPEC: The IEA-s crude production forecasting dilemma
May 24, 2016
The IEA, set up in response to the 1973 oil shock, is rethinking longstanding, and much-cited, forecasts for the expected demand for OPEC-s crude.
Kurdistan turns to the US and others to help fund the future of its crude oil
May 23, 2016
Listen to the latest analysis of US oil policy news from leading Platts editors covering the Capitol.

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