US crude exports hit new high; more Permian crude expected in Gulf

摘要

Houston-US crude oil exports have reached a new record and are expected to remain high moving forward as a new wave of Permian Basin crude oil hits the Gulf Coast in the coming months. Crude exports out of the US hit an all-time high of 3.77 million b/d in the week ended June 21, according to data released Wednesday from the US Energy Information Administration, breaking the previous record high of 3.607 million b/d set during the week ended February 15.