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Baltimore Hokie

Joined: 03/23/1999 Posts: 38255
Likes: 8549


Read the article


"The cargo of American condensate, a type of very light crude oil, was preferred to regional grades because its superior quality made more suitable for the U.A.E’s processing plants, a person with knowledge of the matter said, asking not to be identified discussing a commercially sensitive matter.

“As a member of OPEC and a large crude producer, I would imagine they would be very self-sufficient in their own crude supply,” said Andy Lipow, president of Lipow Oil Associates LLC. The purchases of U.S. oil aren’t likely to continue, given the U.A.E.’s own supply, Lipow said."

The headline was clickbait.

(In response to this post by AZHokie59)

Posted: 02/07/2018 at 11:28AM



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