The footprint of US crude oil is rapidly expanding, intensifying competition with OPEC and non-OPEC supplies in key Asian markets. As geopolitical tensions in the Middle East escalate, how much US crude can fill potential supply gaps in Asia? Additionally, how could policies under a new US administration, whether led by Trump or Harris, impact oil outflows?
In a wide-ranging discussion with Sambit Mohanty, Asia energy editor, Joel Hanley, global director for crude oil at S&P Global Commodity Insights and Benjamin Tang, head of liquid bulk at S&P Global Commodities at Sea, share their insights on some of the key themes that could potentially have implications for Asia’s appetite for crude oil from the non-OPEC supplier, which is heading for a sharp growth in domestic output.
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