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Keyword: crudeoilcargoes

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  • U.S. Crude Oil Exports Are Soaring To Record Highs

    11/09/2023 5:34:32 AM PST · by george76 · 33 replies
    Oil price ^ | Nov 08, 2023 | Tsvetana Paraskova -
    Tanker tracking data suggests that the highest number of vessels in years is headed to the U.S. to pick up crude oil cargoes. The large fleet of supertankers bound for the United States highlights the increasingly growing role American crude plays on the global oil market. ... U.S. crude oil exports continue to reshape the global market as America is pumping record volumes of oil and shipping record volumes of it overseas while the OPEC+ group withholds supply to "stabilize the market." ... U.S. crude oil exports hit record highs in the first half of 2023, averaging 3.99 million bpd....