{"id":552169,"date":"2023-02-02T11:19:56","date_gmt":"2023-02-02T05:49:56","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=552169"},"modified":"2023-02-02T12:59:31","modified_gmt":"2023-02-02T07:29:31","slug":"us-export-of-light-sweet-crude-to-china-at-5-month-high","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/us-export-of-light-sweet-crude-to-china-at-5-month-high\/","title":{"rendered":"US export of light sweet crude to China at 5-month high"},"content":{"rendered":"<p>US exports of light sweet crude to China jumped to a five-month high, as the world&#8217;s biggest crude importer boosted refining and as Europe&#8217;s demand eased, market participants said.<\/p>\n<p>Cargoes of US light sweet crude bound for China rose last month to about 187,000 barrels per day, the highest since August, said Matt Smith, lead oil analyst for the Americas at data and analytics firm Kpler. Those exports are expected to tighten global supply of light sweet crude, while prices for WTI Midland, a key US light sweet grade, have strengthened.<\/p>\n<p>&#8220;China is continuing to pull more light sweet crude,&#8221; said Vikas Dwivedi, global oil and gas strategist at financial services firm Macquarie Group. &#8220;WTI Midland is moving into Asia in bigger size.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US exports of light sweet crude to China jumped to a five-month high, as the world&#8217;s biggest crude importer boosted refining and as Europe&#8217;s demand eased, market participants said. Cargoes of US light sweet crude bound for China rose last month to about 187,000 barrels per day, the highest since August, said Matt Smith, lead oil analyst for the Americas at data and analytics firm Kpler. Those exports are expected to tighten global supply of light sweet crude, while prices for WTI Midland, a key US light sweet grade, have strengthened. &#8220;China is continuing to pull more light sweet crude,&#8221; [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-552169","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/552169","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=552169"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/552169\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=552169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=552169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=552169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}