Falling Cushing Storage is a Warning Sign for Crude
Strong demand for US crude oil has drawn down inventories at the Cushing hub to a 12-year low, draining storage…
South Bow
FERC Rate Adjustment Could Cut $1B+ from Pipeline Earnings
The Federal Energy Regulatory Commission’s latest reset of oil pipeline rates could wipe out more than $1B of annual EBITDA…
Prairie Connector Clears First Hurdle, but Politics Holds the Keys
South Bow on May 29 announced open season results for its Prairie Connector project, securing 20-year binding commitments from Hardisty,…
Private E&Ps Lead Early Rebound in Permian Drilling
East Daley Analytics expects private operators to drive most of the gains in US crude oil production in response to…
South Bow Confirms Prairie Connector Demand, Targets Mid-2027 Project FID
South Bow has secured 20-year binding commitments for its Prairie Connector project to move Canadian crude to US delivery points.
Soaring Global Demand Pushes US Crude Exports Higher
A wave of very large crude carriers (VLCCs) is heading to the
Bakken Outlook Improves on Higher Oil Prices
We recently revised our Bakken outlook higher in anticipation of a…
Why Gulf Coast Crude Spreads are Blowing Out
The WTI-Brent spread has expanded from an average of…
Widening Crude Spreads Unlock Upside for South Bow
Oil market volatility from the Iran conflict could pump up earnings for South Bow. The company’s marketing segment has faced…
Widening Crude Spreads Unlock Upside for South Bow
Oil market volatility from the Iran conflict could pump up earnings for…