US crude oil exports rose last week to record high, EIA says

U.S. crude oil exports rose to a record 6.438 million barrels per day last week, according to the Energy Information Administration. The report is a positive supply-chain and flow data point for the U.S. crude market, but it is largely factual and unlikely to materially move broad markets on its own.

Analysis

U.S. crude oil exports rose to a record 6.438 million barrels per day last week, according to the Energy Information Administration. The report is a positive supply-chain and flow data point for the U.S. crude market, but it is largely factual and unlikely to materially move broad markets on its own.