The United States Weekly Crude Oil Export Volume Reaches Record High, with Daily Exports Exceeding 6 Million Barrels

BlockBeats News, April 29th, the U.S. Energy Information Administration (EIA) data shows that the U.S. net crude oil imports fell to a negative value, hitting a record low. The U.S. weekly crude oil export volume rose to a record high of over 6 million barrels per day.

The U.S. crude oil inventories saw a significant unexpected decline, causing a brief uptick in crude oil futures followed by a fall. (Gold10)