New York, 27 September (Argus) — US crude exports reached 1.5mn b/d last week, breaking the previous record of 1.3mn b/d set earlier this year in the week ending 26 May, as a glut of light crude in the Gulf coast following Hurricane Harvey improved export economics.
Most of the exports have been heading to Asia, with charterers including South Korea’s SK Energy, Japan’s Cosmo and China’s Unipec, and traders such as Trafigura, Vitol and Mercuria, according to shipbrokers. Continue reading “US exports record volume of crude weeks after Harvey”

