U.S. crude oil exports surpassed 2 million b/d for the first time ever in May 2018. China was the largest destination for the second month in a row, but by a much larger margin, taking 137,000 b/d more than Canada, the second largest destination. #OOTTpic.twitter.com/hPaCGUbECB
— Mason Hamilton🛢📊⛽️ (@T_Mason_H) July 31, 2018
In May 2018, the U.S. Gulf Coast (PADD 3) recorded the lowest ever net imports of crude oil, 546,000 b/d. Going from net imports of 6 million b/d to just 550,000 b/d in 10 years… wow… #OOTTpic.twitter.com/pk9sd8LoAq
— Mason Hamilton🛢📊⛽️ (@T_Mason_H) July 31, 2018
#Eurozone recession can't be allowed to happen, BofAML says. Next recession would be messy. QE has motivated substantial growth in lower-rated high-grade bonds, but shrinkage in high-yield space. Today, we have €800bn of BBB-rated bonds, but HY market is just €285bn in size. pic.twitter.com/hXlIdc8Vy0
— Holger Zschaepitz (@Schuldensuehner) June 28, 2018
