The Vancouver Business Thread

[whatnext]

Buried in a Bloomberg article about the oil market today:

A Panicked Race for Barrels Is Gripping the Global Oil Market
By Yongchang Chin, Lucia Kassai, Bill Lehane, and Grant Smith
April 11, 2026

… Japanese refiners have led a charge to buy up oil from the US, which is exporting at record levels. A buying spree by Chinese refiners has lifted oil shipments from Vancouver in Canada to a record high this month And Indian refiners have been ramping up purchases oil from Venezuela. In the first week of April, tankers have loaded almost 6 million barrels for the South Asian country, which is double the volumes seen over the same period of March.…(bold mine)

https://www.bloomberg.com/news/articles/...-panicked-race-for-barrels?sref=x4rjnz06