A third of the US Gulf Coast heavy oil market could be supplied by Canada by 2020-IHS Markit Report

摘要

SUPPLIES of Canadian oil sands heavy crude are increasingly being refined on the US Gulf Coast (USGC) and could top 1.2 million barrels per day (mbd)-a full one-third of the region's heavy oil refining market-by 2020, says a new report by business information provider IHS Markit. Current runs of Canadian crude in the USGC market are estimated to already be in excess of 800,000 barrels per day (bpd), the report says.