Esso's Usan Field to add 40,000b per day
The article describes added oil production from a field, increasing crude supply.
Source →The trace
How it reaches your house.
Starting from Chevron Corporation, we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Chevron Corporation →Prices easeGrupo AeromexicoAERO
Aeromexico buys fuel from Chevron at prices tied to a market benchmark, so added crude supply should pass through to lower fuel costs for the airline.
61% confidenceBP plc →Prices easeGrupo AeromexicoAERO
Aeromexico buys fuel from BP and other local suppliers at prices tied to the Platts Oilgram Price Report, so added crude supply should flow through to cheaper jet-fuel costs.
60% confidenceBP plc →Prices easeCalumet, Inc.CLMT
BP supplies about 39.3% of Calumet's crude oil under contract, so a broader crude-supply increase should दब pressure on Calumet's feedstock costs.
52% confidenceIrving Oil →supply upThe added Usan crude output slightly loosens Irving Oil's crude feedstock supply, but the increment is small relative to the broader crude market and the edge is not sole-source.
39% confidenceHop 2
Crude Oil Feedstock →supply upCrude oil is a critical input to gasoline and diesel, so an added crude supply modestly lifts fuel availability.
89% confidenceCrude Oil Feedstock →supply upMore crude feedstock eases a key upstream constraint for home heating oil production, raising availability somewhat.
88% confidenceCrude Oil Feedstock →Stands to benefitAs a node exposed to crude oil feedstock, Irving Oil gets a modest benefit from easier input availability and lower feedstock tightness.
Hop 3
Home heating oil →supply upThe added crude production directly increases availability of the critical crude oil feedstock that home heating oil production depends on.
88% confidenceValero →supply upGulf Coast crude oil feedstock (jet fraction)
Usan's added crude barrels should make Valero's Gulf Coast crude feedstock more available, easing this refinery input despite only moderate substitutability.
84% confidenceBritish Petroleum →Prices easeCalumet, Inc.CLMT
Hop 4
Gulf Coast crude oil feedstock (jet fraction) →supply upThis feedstock is a critical input to jet fuel, so added crude supply should directly increase jet fuel availability.
94% confidenceGulf Coast crude oil feedstock (jet fraction) →Stands to benefitValero has meaningful exposure to this input, so more feedstock should ease its supply constraint and support operations.
84% confidenceGulf Coast crude oil feedstock (jet fraction) →Stands to benefit
Where it lands
What you buy, and what you own.
Goods you buy
Gasoline and diesel · Home heating oil · Jet fuel
In the MyPRIA app, this is checked against your own holdings.