The Crude report - The TMX Series: TMX: China’s new crude source

The opening of the TMX pipeline expansion to Canada’s Pacific coast has given China access to a new, short-haul source of cheap crude — Chinese firms are taking advantage of the new supply route to boost exports, with implications for global crude pricing

Key topics covered in the podcast:

• Trump’s threat to tax Canadian crude imports to the US, and implications for shipments to Asia Pacific
• Factors driving Chinese demand for TMX exports
• Impact on sour crude pricing, from China’s access to TMX and ESPO Blend crude