Previously, experts also believed that it is the most promising market for LNG in the United States, and it is likely to surpass Japan in the future to become the world’s largest buyer of LNG. U.S. President Trump also has high hopes for LNG and promised to make the United States a super energy power, which could have played an important role in this process. Now, because of Trump himself, his AmeriResearch crude oil analysiscan energy dream is going to be broken.
When the war broke out in the states, the use of crude oil as ammunition may have a profound impact on the global financial market and economy. Although U.S. crude oil production is on par with Saudi Arabia, U.S. exports are much smaller. Saudi Arabia is also a major supplier to Gulf Coast refineries and major Asian buyers.
At the same time, the U.S. crude oil production has surged, and there are obvious signs of force in the international energy market. US oil companies currently export 500,000 to 2 million barrels of crude oil per day, which may increase to about 4 million barrels per day by 2022. According to the forecast of the International Energy Agency IEA, more than 80% of the global oil supply growth in the next 0 years is expected to come from the United States.
Goehring and Rozencwajg investment company reports show that global crude oil inventories will reach a record deficit later in 209. The report pointed out that the International Energy Agency had the habit of underestimating the growth of global crude oil demand in its report at the beginning of the year.
At the same time that US crude oil has soared, Trump has stepped in again. On February 5, Trump said on Twitter that he hoped OPEC would maintain the current oil flow and not restrict it. The world does not want to see and does not need oil prices to rise! Saudi Arabia is an ally of the United States, and Trump's call is undoubtedly putting pressure on Saudi Arabia. After all, it was Saudi Arabia that helped Trump lower oil prices before.
He said: As for Iran, the US sanctions will not affect the legal situation in Switzerland, and the US sanctions will not directly target Switzerland. However, the sanctions recently rResearch crude oil analysisestored by the US can affect Swiss companies doing business with Iran. Switzerland regrets the deterioration of Iran’s sanctions.