L&T wins KOC contract for Jurassic Light Oil export facilities
A contract to build export facilities for Jurassic Light Oil supports future crude oil export capacity and flow.
Source →The trace
How it reaches your house.
Starting from Freeport LNG Development LP, 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
Irving Oil →supply upKOC's export-facility expansion should lift crude export capacity and make more crude available in the market, easing Irving Oil's crude feedstock supply, though the link is indirect.
44% confidenceHop 2
Crude Oil Feedstock →supply upCrude oil feedstock is a critical input to gasoline and diesel, so higher crude export capacity should raise their availability.
75% confidenceCrude Oil Feedstock →supply upHome heating oil is a critical downstream product of crude oil feedstock, so more feedstock availability should increase its supply.
73% confidenceCrude Oil Feedstock →Stands to benefitIrving Oil consumes crude oil feedstock, so increased export capacity and flow should ease its input supply and benefit operations.
Hop 3
Gasoline and diesel →Prices riseMore crude export capacity and flow can tighten or reprice crude available to refiners, and this is the gasoline/diesel chain's single most critical input.
57% confidenceHome heating oil →supply upKOC export facilities expand future crude flow, which should increase availability of the crude oil feedstock that home heating oil relies on.
52% confidence
Where it lands
What you buy, and what you own.
Goods you buy
Gasoline and diesel · Home heating oil
Companies you may own
Irving Oil
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