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Key topics covered in the podcast:
- How surprisingly low Aframax rates have made the direct voyage from Vancouver to China both faster and cheaper than going by larger VLCCs.
- Why a larger percentage of TMX cargoes are headed to China in May.
- How the narrower discounts of Alberta heavy grades such as Cold Lake and AWB – along with new tolls on the TMX pipeline – have made the move of crude to Vancouver more challenging.
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