Canadian crude exported from the U.S. Gulf Coast in June clocked in at 1500,000 barrels per day, only slightly lower than average despite the commissioning of the expanded 590,000 b/d Trans Mountain pipeline (TMX) in May. TMX has the potential to cut shipments from the U.S. Gulf Coast to India, China, and South Korea if more oil from Canada's West Coast heads to Asia. TMX could also displace shipments of some Latin American grades to Asian countries. Vortexa analyst Rohit Rathod has told Reuters that the Gulf Coast’s…
