New York, NY (PRWEB) May 06, 2014
PIRA Energy Group, a NYC-based energy markets consulting firm, has announced the launch of a new multi-client study entitled “Shale Crude’s Growing Global Impact: Consequences for Trade Flows and Pricing Within and Beyond North America’s Borders.” The study focuses on the implications of North America’s growing shale crude/condensate production on world crude and product trade, and regional crude and product pricing and shipping. Detailed data will be provided by country for refinery runs, and crude (by quality) and product trade.
“PIRA’s new study will incorporate the insights from its very popular top, middle and bottom of the barrel studies, creating the most comprehensive analysis of the implications of North American shale on global crude and product markets that the industry has seen. It will be an invaluable resource for the industry,” stated Dr. Gary Ross, CEO.
U.S. crude imports have already fallen by 25% from their peak and net U.S. product exports turned positive in 2011 and continue to expand. Global crude and product flows are being drastically altered as demand for imported crude in North America declines while net product exports continue rising. Some of PIRA’s study findings include:
With this new study, PIRA Energy Group continues its tradition of providing comprehensive, timely and commercially significant research. The study will be available in late May and includes a written report, a live client forum on June 12, 2014 at Four Seasons Hotel in Houston and an online database covering:
For more information on the study, you can click the following Shale Crude’s Growing Global Impact: Consequences for Trade Flows and Pricing Within and Beyond North America’s Borders.
About PIRA Energy Group
The PIRA Energy Group, founded in 1976 and based in New York City, is an international energy consulting firm specializing in global energy market analysis, intelligence, and forecasting oil/energy prices. Currently, more than 550 entities spread across some 65 countries — including international and national integrated oil and gas companies, independent producers, refiners, marketers, oil and gas pipelines, electric and gas utilities, industrials, trading companies, financial institutions and government agencies — use PIRA’s research and price forecasting services.
PIRA Energy Group
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New York, NY 10016