Wednesday, December 4, 2019

Colombia Crude Oil Exports To US Plummet Week-Over-Week -- December 4, 2019

Imploding? From twitter --


Colombia's crude oil exports to the US crumbling, link here;


Having said that, Colombia's exports to the US are very "volatile." (See first comment.)

I assume Colombia's oil is "heavy oil." If it's Castella Blend, it's very, very, very heavy:


For comparison, western Canadian select, WCS, heavy oil, has an API of 20.9. Bakken, a very light oil, is in the 41+ range.