America exports contaminated oil to Asian fibers



Asian shipping refiners could reject US oil due to pollution from deposits of metals and chemical compounds. According to a report published on Wednesday by the Bloomberg group, two tigers from South Korea, the two oil rig vessels due to the pollution. The boats return to MPs, according to two sources to speak to the US group and demand not to be named, and South Korea is among the best oil importers in the world. the world.
The report says that the refiners of SKI InnovationCo and Hyundai Oil Bank Ko, on the return of the lines, relate to the Eagle Ford areas of Texas with oil wealth. The contract was signed in January and February.
According to Bloomberg's sources, the boats, after being rejected at Korean ports, were moved in small vessels to the Qingdao Chinese port and sold there.
According to the report, the pollution was caused by the movement of rock oil from sources through various means to the harbor, and a variety of transport methods caused the removal of unwanted sediments and sediments. to carry oil. Oil is contaminated with mineral deposits causing delicate damage in South Korea.
The report points out that this problem is not made in crude products in the Arab world, because oil is transported directly through pipes to ports.

Four of the world's largest oil traders told the UK about the decision lines at the Financial Times World Commodity, which said they expected Brent's crude prices to fall in the range of $ 60 to $ 69 a bar. 2019, with a slight increase in the second half of the year. Due to market shortages.
According to Reuters, oil boss Alex Baird, in Glencore, expected Brent to continue around $ 65, and Thorbjorn Turnkvist, director of Genghur, said he was planning to move oil in a field. T restricted. "I think the Saudis want the price of oil to stay where it is and is not smaller."

Vitol was expecting a wider range of prices, while Chief Executive Russell Hardy said he thought the price range would be between $ 60 and $ 80 barrel in 2019.

He said the Party of Efficient Petroleum (OPEC) would keep a price on prices, as it did not want to see the price above $ 80 for fear of damaging the demand. OPEC is due to meet in June to discuss whether they should extend the content of representations.
Last year, oil prices fell dramatically after they had been receiving four years around $ 87 of a barrel when the USA freed up some of Iran's raw importers.
The exemption is coming to an end in April, but traders have no big impact on the price of Iran than it was expected that some US exemption would be renewed.
"My measure is that Washington renews some of them, and I am sure that some of those who have gained freedom will do so," said the bird at a conference session. Hardy from Vitol said during the conference he expected Iran's crude oil would come down in May.
On Monday, Trafigura said the current $ 66- $ 67 rate was balanced with the higher prices possible later in the year, but added that the lack of available macroeconomic opportunities would be limited to benefits.
In London, oil prices fell on Wednesday, by pulling down earlier, because money had recently risen in America after a new disruption of Venezuela oil exports.

In the morning trade, Brent's hot moments fell 22 cents, or 0.32 per cent, to $ 67.75 barrels. The US's future times were down 44 km at $ 59.50 for the barrel.
The Jose port, Venezuela's main port of export, and the four raw laws he made did not export off after a massive power cut from Monday, the second in a month.
Prices have risen more than 25 per cent this year, boosted by cutbacks with the country's countries Petroleum export (OPEC) and other major representatives, as well as US sanctions available. from Venezuela and Iran.


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