crude

U.S. crude exports have never been higher. Overseas buyers are incentivizing American producers to pump more “black gold.”

In 2020, five countries accounted for about 50% of the world’s total crude oil production

If U.S. crude output were to lose momentum, it would be felt by tanker owners much more so than before.

At least 250,000 barrels a day of crude immediately affected by Tropical Storm Barry