Feb. 3, 2021
Source: World oil

U.S. oil exports to Asia hit new record in January

American oil exports from Louisiana’s offshore supertanker port jumped to record as Asian buyers are stocking up U.S. crude for a post-pandemic rebound in fuel consumption. Eight vessels carrying nearly 15million barrels of crude transported to South Korea, China and India, according to ship-tracking data. Total U.S. Gulf crude outflows to Asia rose to nearly 51 million barrels in January.

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