Hlib Chabaniuk

At least 6 million barrels of U.S. crude bought for Asia in September, Tracy Shuchart notes

At least 6 million barrels of U.S. crude bought for Asia in September, Tracy Shuchart notes
Asian refiners secure U.S. crude supply

Tracy Shuchart, independent trader and strategist, reports that Asian refiners, including those in South Korea and Japan, have recently purchased at least 6 million barrels of U.S. crude oil for loading in July. According to traders familiar with the deals, the cargoes are scheduled to arrive in September.

Shuchart has recently tracked moves in several energy and equity markets. In May, she noted that India’s fuel exports fell to a nearly four-year low as the country prioritized domestic demand and underwent refinery maintenance. She also reported that AI stocks drove the S&P 500 to 11 record closes during the same month. Her posts highlight market activity across both commodities and equities.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
Weekly Top Bonuses
up to $2,500
deposit bonus for all clients
CLAIM BONUS
Your capital is at risk.