The Crude Report: USGC waterborne crude

In the latest episode of the Crude Report: Argus Americas Crude associate editor Andrea Agee talks with US waterborne crude reporter Nicole Linares about how sanctions on Russian oil are reshaping global trade flows and creating new opportunities for US barrels in Europe and Asia.

• Structural shifts in European crude slates as countries move away from Russian crude and increase imports of US medium sours and light sweets.
• Asia’s diversification strategy, including Pakistan’s first US crude cargo and South Korea’s record imports of US crude.
• India’s growing demand and its balancing act between Russian and US crude supplies. Key factors driving buyer decisions such as sanctions risk and supply reliability to freight costs and refinery needs.
• What to expect for US crude flows in 2026 and how a potential easing of sanctions could impact global trade patterns.