US crude is backing up in storage as exports are caught between the anvil of a coronavirus demand shock and the hammer of a Saudi-Russian market share war. US crude exports are likely to fall by up to 1.5mn b/d on tumbling demand and a surge in competing Mideast Gulf oil in Europe and Asia-Pacifc. Committed shippers on pipelines to the Texas coast will still move crude. Three major new links to Corpus Christi — Phillips 66’s 900,000 b/d Gray Oak, Epic’s 600,000 b/d new line, and Plains’ 670,000 b/d Cactus 2 — are likely to be in full service next month. But limited infrastructure at the port is forcing sellers to ofer cargoes at signifcant discounts to global prices to clear the market.
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机译：美国原油在储存中备份，因为出口在冠状病毒需求冲击的砧座和沙特俄罗斯市场股票战争的锤子之间。 在欧洲和亚洲-Pacifc竞争中，美国原油出口可能降低了高达1.5mn的B / D。 向德克萨斯州海岸的管道上犯下的托运人将仍然移动原油。 The Corpus Christi的三个主要链接 - 菲利普斯66's 900,000 B / D灰色橡木，Epic的600,000个B / D新线，以及平原的670,000b / d仙人掌2 - 下个月可能全方位服务。 但港口的有限基础设施是将卖家迫使销售商以明确的折扣促进全球价格来清除市场。
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