MARKET FORCES US as New Net Exporter

摘要

The oil market is on the cusp of a sea change. The largest petroleum consumer on earth, the US, became a net exporter of crude oil and refined products in September. Far from being an anomaly or a one-off, the figures mark the start of a new structural trend that can be attributed directly to the shale revolution and to flagging demand growth in the world's largest economy. The US becoming a net exporter of oil and oil products rearranges not only trade flows but political relationships as well.