May 24, 2024 08:54 GMT
TMX Operations Supporting Western Select Diff
OIL
The first cargo from the recently expanded TMX pipeline, Canada, loaded on the Dubai Angel this week.
- A further 4 vessels are ballasting towards Vancouver according to Vancouver.
- Dubai Angel, which is chartered by Suncor, is expected to discharge in Laizhou, China during the second week of June.
- Aqualeader (IMO: 9592238) is the next vessel expected to load for delivery into China according to Vortexa.
- Garibaldi Spirit (IMO: 9422835), Pacific Ruby (IMO: 9893034) and Caspian Sea (IMO: 9829095) are the other three vessels expected to load further TMX cargoes in May and early June.
- Western Canadian Select crude differential sat at a very strong ~$11/bbl on Thursday, supported by operations on the pipeline keeping the Hardisty market tight.
Source: Bloomberg
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