• CERAWEEK
  • March 10 - 14, 2025

Keo Lukefahr

Motiva

Director, Derivatives Trading


Keo Lukefahr is Director, Derivatives Trading, for Motiva, the US Refining and Marketing subsidiary of Saudi Aramco and operator of America’s largest oil refinery. Ms. Lukefahr has worked in the energy industry for more than two decades. She has served in senior trading and strategy roles in several leading energy companies. Prior to joining Motiva, Ms. Lukefahr served as Head of Americas Natural Gas and LNG Trading for PetroChina International, and Vice President for Eastern US Natural Gas trading for BP. Earlier in her career, Ms. Lukefahr was a Principal at the strategy-consulting firm Booz Allen Hamilton where she specialized in the Energy Sector. She began her career as a crude and products trader for Cargill. Prior to attending graduate school, she worked for the US Peace Corps in Africa. Ms. Lukefahr holds a Bachelor of Science degree from the University of Washington and a Master of Science degree from the University of Minnesota.


Sessions With Keo Lukefahr

Tuesday, 10 March

  • 07:30am - 08:40am (CST) / -

    Crude Quality: Too much light?

    Downstream, Midstream & Chemicals

    Since 2012, global crude quality has shifted to a lighter slate. Sour crudes will become tighter in the near term due to combined effects of the collapse in Venezuelan output, tumbling Iranian exports, Vienna Alliance cuts, and Canadian curtailments. The increase in US shale output has added a huge volume of light barrels to the market. These opposing trends may continue for several more years, reshaping the global crude oil quality landscape. How will crude importers be impacted by changes in global trade patterns? Can refiners easily absorb new crude qualities?